xmlns:atom="http://www.w3.org/2005/Atom" xmlns:atom="http://www.w3.org/2005/Atom"
4—(1) This paragraph applies to—N.I.
(a)a derivative, and
(b)a master agreement for derivatives.
(2) “Derivative” has the meaning given by Article 2(5) of Regulation (EU) No. 648/2012.]