1. The competent authorities of the other Member State involved shall be consulted prior to granting authorisation to an investment firm which is:
(a) a subsidiary of an investment firm or credit institution authorised in another Member State; or
(b) a subsidiary of the parent undertaking of an investment firm or credit institution authorised in another Member State; or
(c) controlled by the same natural or legal persons as control an investment firm or credit institution authorised in another Member State.
2. The competent authority of the Member State responsible for the supervision of credit institutions or insurance undertakings shall be consulted prior to granting an authorisation to an investment firm which is:
(a) a subsidiary of a credit institution or insurance undertaking authorised in the Community; or
(b) a subsidiary of the parent undertaking of a credit institution or insurance undertaking authorised in the Community; or
(c) controlled by the same person, whether nat