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Article 46 - Public equity support tool

Article 46
Public equity support tool

1. Public financial support may be provided for the recapitalisation of a CCP in exchange for instruments of ownership.

2. CCPs subject to the public equity support tool shall be managed on a commercial and professional basis.

3. The instruments of ownership referred to in paragraph 1 shall be sold to a private purchaser as soon as commercial and financial circumstances allow.

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