1.Technical amendments to the following points shall be adopted in accordance with the procedure laid down in paragraph 2: - the clarification of definitions to take account of developments on financial markets, - the clarification of definitions to ensure the uniform application of this Directive, - the alignment of the terminology and of the wording of the definitions on those in subsequent instruments concerning credit institutions and related matters, - the clarification of the exemptions provided for in Article 4 (5) to (10).
2.The Commission shall be assisted by the committee provided for in the first subparagraph of Article 22 (2) of Directive 89/646/EEC. The Commission representative shall submit to the committee a draft of the measures to be taken. The committee shall deliver its opinion on that draft within a time limit which the chairman may lay down according to the urgency of the matter. The opinion shall be delivered by the majority laid down in Article 148 (2) of the Treaty in the case of decisions which the Council is required to adopt on a proposal from the Commission. The votes of the Member States' representatives on the committee shall be weighted as laid down in that Article. The chairman shall not vote. The Commission shall adopt the measures envisaged if they are in accordance with the committee's opinion. If the measures envisaged are not in accordance with the committee's opinion, or if no opinion is delivered, the Commission shall, without delay, submit to the Council a proposal concerning the measures to be taken. The Council shall act by a qualified majority. If the Council does not act within three months of the referral to it the Commission shall adopt the measures proposed unless the Council has decided against those measures by a simple majority.