(1) An administrator or liquidator appointed in respect of a institution authorised by a competent authority of another Member State is entitled to exercise within the State the same powers in respect of the institution as the administrator or liquidator is entitled to exercise within the other Member State. Such an administrator or liquidator may, if a law of that other State permits, appoint one or more persons to do either or both of the following:
(a) to assist or, if appropriate, to represent the administrator or liquidator in the State 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 overcome any difficulties encountered by creditors who are in the State.
(2) In exercising in the State a power conferred by or under a law of another Member State, an administrator or liquidator appointed in respect of a institution authorised in the other Member State shall comply with
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