The supervisory authority of the Member State in whose territory the head office of the undertaking is situated must verify the state of solvency of the undertaking with respect to its entire business. The supervisory authorities of the other Member States shall provide the former with all the information necessary to enable such verification to be effected.
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New version applies from 13/04/2005 — introduced by Directive 2005/1/EC.
48 provisions change.
Later versions: 10/12/2005, 01/01/2007.
Article 14 changes in this version: compare with the current text.