Directive 2000/12/EC is amended as follows:
1. [deleted]
2. [deleted]
3. Article 16(2) shall be replaced by the following:
'2. If the acquirer of the holdings referred to in paragraph 1 is a credit institution, insurance undertaking or investment firm authorised in another Member State or the parent undertaking of a credit institution, insurance undertaking or investment firm authorised in another Member State or a natural or legal person controlling a credit institution, insurance undertaking or investment firm authorised in another Member State, and if, as a result of that acquisition, the institution in which the acquirer proposes to hold a holding would become a subsidiary or subject to the control of the acquirer, the assessment of the acquisition must be subject to the prior consultation referred to in Article 12.'
4. [deleted]
5. [deleted]
6. [deleted]
7. [deleted]
8. [deleted]
9. [deleted]
10. [deleted]
11. [deleted]