S.L. 371.17 Art. 16Recognition in consolidated Common Equity Tier 1 capital of instruments and items that do not qualify as minority interests.

The applicable percentage for the purposes of Article 479(2) of the CRR shall be:

(a) 80% for the period from 1 January 2014 to 31

December 2014;

(b) 60% for the period from 1 January 2015 to 31

December 2015;

(c) 40% for the period from 1 January 2016 to 31 December 2016; and

(d) 20% for the period from 1 January 2017 to 31 December 2017.