Article 30
Consequences of the conditions for Common Equity Tier 1 instruments ceasing to be met
The following shall apply where, in the case of a Common Equity Tier 1 instrument, the conditions laid down in Article 28 or, where applicable, Article 29 cease to be met:
(a)
that instrument shall immediately cease to qualify as a Common Equity Tier 1 instrument;
(b)
the share premium accounts that relate to that instrument shall immediately cease to qualify as Common Equity Tier 1 items.