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Article 46

Public financial support may be provided for the recapitalisation of a CCP in exchange for instruments of ownership. CCPs subject to the public equity support tool shall be managed on a commercial and professional basis. The instruments of ownership referred to in paragraph 1 shall be sold to a private purchaser as soon as commercial and financial circumstances allow.

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Source: EUR-Lex (Cellar) · retrieved 2026-10-12 · Text as adopted (Official Journal); later amendments are not incorporated in this text.