(1) This Article shall, in addition, apply to an undertaking which carries on or intends to carry on insurance business by way of services into the State in respect of the coverage of a risk, other than carrier's liability, classified under Class 10 of the Annex.
(2) The undertaking shall be required to become a member of and participate in the financing of the Motor Insurers' Bureau of Ireland and the guarantee fund.
(3) The undertaking shall not be required to make any payment or contribution to the Motor Insurers' Bureau of Ireland or the guarantee fund other than by reference to its gross premium income in respect of the coverage of risks underwritten in the State by way of services, other than carrier's liability, classified under Class 10 of the Annex calculated on the same basis as for undertakings covering risks, other than carrier's liability, in Class 10 through an establishment situated in the State, or in respect of the number of risks underwritten in the State by way