2.

However,

• the obligations referred to in Article 3 shall not affect the organisation of:

  1. (a)

     competitions reserved for equidae registered in a specific stud book for the purpose of permitting the improvement of the breed;

  2. (b)

     regional competitions with a view to selecting equidae;

  3. (c)

     historic or traditional events.

  Member States intending to avail themselves of these possibilities shall make this intention and the justifications thereof available to the other Member States and to the public beforehand;

• for each competition or type of competition Member States shall be authorised to reserve, through the bodies officially approved or recognised for that purpose, a certain percentage of the prize money or profits referred to in paragraph 1(c) for the safeguard, development and improvement of breeding.

  The percentage may not exceed 20 % from 1993.

  The criteria for the distribution of these funds in the Member State concerned shall be made available to the other Member States and to the public.