5.—(1) This paragraph applies where—

(a) a person (“the acquirer”) proposes to acquire or has acquired control, an additional kind of control or an increase in a relevant kind of control over a UK authorised person in circumstances falling within section 178(1) or (2) of the Act;

(b) that UK authorised person is an investment firm;

(c) the acquirer is either—

(i) an EEA investment firm; or

(ii) the parent undertaking of an EEA investment firm; and

(d) as a result of the acquisition or proposed acquisition, the acquirer is or would become a parent undertaking of the UK authorised person.

(2) This paragraph applies where—

(a) a person (“the acquirer”) proposes to acquire or has acquired control, an additional kind of control or an increase in a relevant kind of control over a UK authorised person in circumstances falling within section 178(1) or (2) of the Act;

(b) that UK authorised person has permission to accept deposits (within the meaning of the Regulated Activities Order);

(c) the acquirer is either—

(i) an EEA credit institution; or

(ii) the parent undertaking of an EEA credit institution; and

(d) as a result of the acquisition or proposed acquisition, the acquirer is or would become a parent undertaking of the UK authorised person.