(f)

the principal amount of the instruments may not be reduced or repaid, except in either of the following cases: the liquidation of the institution; discretionary repurchases of the instruments or other discretionary means of reducing capital, where the institution has received the prior permission of the competent authority in accordance with Article 77;

← art_28__para_1__point_e__text_1 · All articles · art_28__para_1__point_f__text_1 →

Source: EUR-Lex (Cellar) · retrieved 2026-09-25 · Text as adopted (Official Journal); later amendments are not incorporated in this text.