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New version applies from 20/03/2008 — introduced by Directive 2008/23/EC. 89 provisions change. Later versions: 28/04/2009, 07/12/2009, 04/01/2011, 01/01/2014. Article 27 changes in this version: compare with the current text.

Article 27

Article 27

1. In the calculation of own funds on a consolidated basis Article 65 of Directive 2006/48/EC shall apply.

2. The competent authorities responsible for exercising supervision on a consolidated basis may recognise the validity of the specific own-funds definitions applicable to the institutions concerned under Chapter IV in the calculation of their consolidated own funds.

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