EBU Single Rulebook Q&A 15 December 2017 2017_3636 Definition of “Paid-Up” according to Article 28(1)(b) CRR

May contributions in kind be qualified as “payment” according to Article 28 para 1 lit b CRR? According to Article 28(1)( b) CRR capital instruments shall qualify as Common Equity Tier 1 instruments only if […] “the instruments are paid up and their purchase is not funded directly or indirectly by the institution”.