Article 65
Consequences of the conditions for Tier 2 instruments ceasing to be met
Where in the case of a Tier 2 instrument the conditions laid down in Article 63 cease to be met, the following shall apply:
(a)
that instrument shall immediately cease to qualify as a Tier 2 instrument;
(b)
the part of the share premium accounts that relate to that instrument shall immediately cease to qualify as Tier 2 items.