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5.

Member States shall ensure that: any credit intermediary which is a legal person has its head office in the same Member State as its registered office if under its national law it has a registered office; any credit intermediary which is not a legal person or any credit intermediary which is a legal person but under its national law has no registered office has its head office in the Member State in which it actually carries on its main business.

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Source: EUR-Lex (Cellar) · retrieved 2026-10-11 · Text as adopted (Official Journal); later amendments are not incorporated in this text.