1. ORGANIZATIONS WHICH UNDERTAKE TO PROVIDE BENEFITS SOLELY IN THE EVENT OF DEATH, WHERE THE AMOUNT OF SUCH BENEFITS DOES NOT EXCEED THE AVERAGE FUNERAL COSTS FOR A SINGLE DEATH OR WHERE THE BENEFITS ARE PROVIDED IN KIND;
2. MUTUAL ASSOCIATIONS, WHERE:
- THE ARTICLES OF ASSOCIATION CONTAIN PROVISIONS FOR CALLING UP ADDITIONAL CONTRIBUTIONS OR REDUCING THEIR BENEFITS OR CLAIMING ASSISTANCE FROM OTHER PERSONS WHO HAVE UNDERTAKEN TO PROVIDE IT, AND
- THE ANNUAL CONTRIBUTION INCOME FOR THE ACTIVITIES COVERED BY THIS DIRECTIVE DOES NOT EXCEED 500 000 UNITS OF ACCOUNT FOR THREE CONSECUTIVE YEARS. IF THIS AMOUNT IS EXCEEDED FOR THREE CONSECUTIVE YEARS THIS DIRECTIVE SHALL APPLY WITH EFFECT FROM THE FOURTH YEAR.