1. An authorised CSD shall submit an application for authorisation to the competent authority of its home Member State where it wishes to outsource a core service to a third party under Article 30 or extend its activities to one or more of the following:
(a) additional core services listed in Section A of the Annex, not covered by the initial authorisation;
(b) ancillary services permitted under, but not explicitly listed in Section B of the Annex, not covered by the initial authorisation;
(c) the operation of another securities settlement system;
(d) the settlement of all or part of the cash leg of its securities settlement system in the books of another settlement agent;
(e) setting up an interoperable link, including those with third-country CSDs.
2. The granting of an authorisation to outsource a core service to a third party pursuant to paragraph 1 or to extend activities pursuant to paragraph 1, points (a), (c) and (d), shall follow the procedure laid down in Article 17.
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