(1) This Article shall apply to -
(a) an undertaking whose head office is situated in the State and which intends to carry on insurance business by way of services into another member State from an establishment in the State or from a branch or agency in another member State;
(b) an undertaking whose head office is situated in the territory of another member State which intends to carry on insurance business by way of services into another member State from an establishment in the State.
(2) An undertaking referred to in subarticle (1) of this Article shall send a notification to the Bank containing the following information:
(a) in respect of each member State in which it intends to carry on insurance business by way of services the nature of the risks which the undertaking proposes to cover;
(b) a scheme of operations in accordance with Article 9 or 11 of the first Directive.
(a) An undertaking referred to in subarticle (1) (a) of this Article shall apply to the Bank for a c