The competent authorities of the Member States shall inform the Commission:Commission and the competent authorities of the other Member States:
(a)of any authorisation of a direct or indirect subsidiarysubsidiary, one or more of whose parent undertakings of which are governed by the laws of a third country. The Commission shall inform the Committee referred to in Article 65(1) accordingly;country;
(b)whenever such a parent undertaking acquires a holding in a Community assurance undertaking which would turn the latter into its subsidiary. The Commission shall inform the Committee referred to in Article 65(1) accordingly.
When the authorisation referred to in point (a) is granted to the direct or indirect subsidiary of one or more parent undertakings governed by the law of third countries, the structure of the group shall be specified in the notification which the competent authorities shall address to the Commission.Commission and to the other competent authorities.