1. 1. The Minimum Capital Requirement shall be equal to the following:
\mathrm{MCR} = \max (\mathrm{MCR}_{\mathrm{combined}}; \mathrm{AMCR})
where:
(a)((a)) MCRcombineddenotesMCR_{combined} denotes the combined Minimum Capital Requirement;
(b)((b)) AMCRdenotesAMCR denotes the absolute floor referred to in Article 129(1)(d) of Directive 2009/138/EC and in Article 253 of this Regulation.
2. 2. The combined Minimum Capital Requirement shall be equal to the following:
\mathrm{MCR}_{\mathrm{combined}} = \min \left( \max \left( \mathrm{MCR}_{\mathrm{linear}} ; 0.25 \cdot \mathrm{SCR} \right) ; 0.45 \cdot \mathrm{SCR} \right)
where:
(a)((a)) MCRlineardenotesMCR_{linear} denotes the linear Minimum Capital Requirement, calculated in accordance with Articles 249 to 251;
(b)((b)) SCRdenotesSCR denotes the Solvency Capital Requirement, calculated in accordance with Chapter V or in accordance with Chapter VI where approval for the use of full or partial internal model has been granted.