This Part shall apply to -
(a) issuers in respect of which the State is the Home Member State, and
(b) issuers, not falling within paragraph (a), of securities in respect of which the State is the Home Member State.
This Part shall apply to -
(a) issuers in respect of which the State is the Home Member State, and
(b) issuers, not falling within paragraph (a), of securities in respect of which the State is the Home Member State.