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To access the FCA Handbook Archive choose a date between 1 January 2001 and 31 December 2004.

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tier two instrument

a14 capital instrument 26 that meets the conditions inGENPRU 2.2.159R (General conditions for eligibility as tier two capital instruments) or GENPRU 2.2.177R (Upper tier two capital: General) 26 and is eligible to form part of a firm's tier two capital resources.