(16)Institutions such as ‘Unterstützungskassen’ in Germany, where the members have no legal rights to benefits of a certain amount and where their interests are protected by a compulsory statutory insolvency insurance, should be excluded from the scope of the Directive.
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New version applies from 13/01/2019 — introduced by Directive (EU) 2016/2341.
71 provisions change.
Recital 16 is deleted from 13/01/2019.