(1) Subject to subarticle (2) of this Article, Article 21 of these Regulations shall apply to an undertaking to which this Article applies.
(2) The amount of the minimum guarantee fund shall be not less than one-half of the minimum required under Article 21 (3) of these Regulations and the deposit lodged under Article 28 (1) (e) of these Regulations shall be regarded as part of such guarantee fund.