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  1. Point in time
    2006-01-01

tier two capital

  1. (1) (in ELM) the tier two capital of an ELMI calculated in accordance with ELM 2.4 (Calculation of initial capital and own funds).14
  2. (2) (in PRU ) an item of capital that is specified in stages G or H of the table in PRU 2.2.14 R.144