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New version applies from 19/12/2002 — introduced by Directive 2002/83/EC. 25 provisions change. Article 3 changes in this version: compare with the current text.

Article 3

Article 3

1.The following paragraph shall be inserted in Article 8 of Directive 73/239/EEC and in Article 8 of Directive 79/267/EEC: '1a. Member States shall require that the head offices of insurance undertakings be situated in the same Member State as their registered offices.'

2.The following paragraph shall be inserted in Article 3 of Directive 77/780/EEC: '2a. Each Member State shall require that: - any credit institution which is a legal person and which, under its national law, has a registered office have its head office in the same Member State as its registered office, - any other credit institution have its head office in the Member State which issued its authorization and in which it actually carries on its business.'

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