paragraph 3 is amended as follows : ( i ) the introductory part is replaced by the following : In order to effect a conversion of relevant capital instruments , and eligible liabilities as referred to in Article 59(1a ) , under points ( b ) , ( c ) and ( d ) of paragraph 1 of this Article , resolution authorities may require institutions and entities referred to in points ( b ) , ( c ) and ( d ) of Article 1(1 ) to issue Common Equity Tier 1 instruments to the holders of the relevant capital instruments and such eligible liabilities .