(1) The Central Bank shall consult the competent authorities of another Member State before taking a draft decision to propose to the ECB to grant an authorisation where the society is -
(a) a subsidiary of a credit institution authorised in that other Member State,
(b) a subsidiary of the parent undertaking of a credit institution authorised in that other Member State, or
(c) controlled by the same natural or legal persons as those who control a credit institution authorised in that other Member State.
(2) The Central Bank shall, before taking a draft decision to propose to the ECB to grant an authorisation consult the competent authority that is responsible for the supervision of insurance undertakings or investment firms in the Member State concerned where the society is -
(a) a subsidiary of an insurance undertaking or investment firm authorised in the European Union,
(b) a subsidiary of the parent undertaking of an insurance undertaking or investment firm authorised in the
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