1. An assurance undertaking that proposes to establish a branch within the territory of another Member State shall notify the competent authorities of its home Member State.
2. The Member States shall require every assurance undertaking that proposes to establish a branch within the territory of another Member State to provide the following information when effecting the notification provided for in paragraph 1:
(a) the Member State within the territory of which it proposes to establish a branch;
(b) a scheme of operations setting out inter alia the types of business envisaged and the structural organization of the branch;
(c) the address in the Member State of the branch from which documents may be obtained and to which they may be delivered, it being understood that that address shall be the one to which all communications to the authorized agent are sent;
(d) the name of the branch's authorized agent, who must possess sufficient powers to bind the undertaking in relation to th