(1) An insurance undertaking established in the State which intends to carry on business by way of services for the first time in one or more other Member States shall send a notification to the Bank indicating the nature of the commitments which the insurance undertaking proposes to cover.
(2) The Bank shall, within one month of the notification provided for in sub-article (1) of this Article, furnish the following information to the supervisory authorities of the Member State or Member States within the territories of which the insurance undertaking intends to carry on insurance business by way of services:
(a) a certificate attesting (if such be the case) that the insurance undertaking possesses the minimum solvency margin in accordance with Annex II to these Regulations;
(b) the classes of insurance which the insurance undertaking has been authorised to offer and
(c) the nature of the commitments which the insurance undertaking proposes to cover in each Member State where the