Directive 83/349/EEC is hereby amended as follows:
1. in Article 1, paragraph 2 shall be replaced by the following:
'2. Apart from the cases mentioned in paragraph 1 the Member States may require any undertaking governed by their national law to draw up consolidated accounts and a consolidated annual report if:
(a) that undertaking (a parent undertaking) has the power to exercise, or actually exercises, dominant influence or control over another undertaking (the subsidiary undertaking); or
(b) that undertaking (a parent undertaking) and another undertaking (the subsidiary undertaking) are managed on a unified basis by the parent undertaking.';
2. in Article 3(1), the reference to 'Articles 13, 14 and 15' shall be replaced by a reference to 'Articles 13 and 15';
3. Article 6 shall be amended as follows:
(a) paragraph 4 shall be replaced by the following:
'4. This Article shall not apply where one of the undertakings to be consolidated is a company whose securities are admitted to