(1) This article applies to a UK firm within the meaning of Schedule 3.

(2) If, before commencement, the requirements of -

(a) paragraph 1 of Schedule 6 to the 2BCD Regulations;

(b) paragraph 1 of Schedule 6 to the ISD Regulations;

(c) paragraph 1 of Schedule 2G to the Insurance Companies Act; or

(d) paragraph 1 of Schedule 13B to the Friendly Societies Act,

were complied with in relation to the establishment of a branch by the firm in an EEA State, the conditions in sub-paragraphs (2) to (5) of paragraph 19 of Schedule 3 are to be treated as satisfied in relation to the establishment of the branch (subject to any pre-commencement changes).

(3) In paragraph (2), "pre-commencement changes" means any changes relating to the branch in respect of which the requirements of -

(a) paragraph 5 of Schedule 6 to the 2BCD Regulations;

(b) paragraph 6 of Schedule 6 to the ISD Regulations;

(c) paragraph 2 or 3 of Schedule 2G to the Insurance Companies Act; or