(1) An administrator or liquidator appointed in respect of an authorised institution is entitled to exercise within another Member State the same powers in respect of an institution as the administrator or liquidator is entitled to exercise within the State. In particular, such an administrator or liquidator may appoint one or more persons to do either or both of the following:
(a) to assist and, if appropriate, to represent the administrator or liquidator in legal proceedings -
(i) involving the imposition of a reorganisation measure in respect of the institution, or
(ii) for winding up the institution;
(b) to help in overcoming any difficulties encountered by creditors who are in the other Member State.
(2) In exercising in another Member State a power conferred by or under a law of the State, an administrator or liquidator appointed in respect of an authorised institution shall comply with the laws of the other Member State, in particular with respect to -
(a) procedures for realisi
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