OpenLegislation

Division 5.6 F1

United Kingdom

Original text. Later amendments are not shown.

The Verbund will raise fresh external common equity tier 1 capital (net, after the deduction of repayments) in at least an amount corresponding to the annual sum of the distributions and compensation payments (compensation for retained earnings).

Annotations

Textual amendments

F1

Substituted by Commission Decision (EU) 2016/153 of 2 July 2015 on the State aid SA.31883 — 2015/N, 2011/C which Austria implemented and is further planning to implement for ÖVAG and the Volksbanken Verbund and to amend Decision 2013/298/EU (notified under document C(2015) 4635) (Only the German text is authentic) (Text with EEA relevance).