4.

For the purposes of point (b) of paragraph 3, the following shall apply: in Article 22(2), ‘prior to issuance’ shall be deemed to read ‘prior to notification under Article 27(1)’; in Article 22(3), ‘before the pricing of the securitisation’ shall be deemed to read ‘prior to notification under Article 27(1)’; in Article 22(5): in the second sentence, ‘before pricing’ shall be deemed to read ‘prior to notification under Article 27(1)’; ‘before pricing at least in draft or initial form’ shall be deemed to read ‘prior to notification under Article 27(1)’; the requirement set out in the fourth sentence shall not apply; references to compliance with Article 7 shall be construed as if Article 7 applied to those securitisations notwithstanding Article 43(1).

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Source: EUR-Lex (Cellar) · retrieved 2026-10-12 · Text as adopted (Official Journal); later amendments are not incorporated in this text.