(1)
to activities of self-employed persons in reinsurance and retrocession falling within Group ex 630 in Annex I to the General Programme for the abolition of restrictions on freedom of establishment;
(2)
in the special case of natural persons, companies or firms referred to in Article 1 which deal both in direct insurance and in reinsurance and retrocession, to that part of their activities which is concerned with reinsurance and retrocession.