(c)

where the provisions governing the instruments require them to be converted into Common Equity Tier 1 instruments upon the occurrence of a trigger event, those provisions shall specify either of the following: the rate of such conversion and a limit on the permitted amount of conversion; a range within which the instruments will convert into Common Equity Tier 1 instruments;

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