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5.—(1) Subject to sub-paragraph (2) below, the requirements of this paragraph are that the firm has given a notice to the Board, or, in a case in which the firm is a listed person, to the Bank, and to the relevant supervisory authority in the relevant EEA State, stating the details of the proposed change.
(2) In the case of a change occasioned by circumstances beyond the firm’s control, the requirements of this paragraph are that the firm has, as soon as practicable (whether before or after the change), given a notice to the Board or, in the case of a firm which is a listed person, the Bank, and to the relevant supervisory authority in the EEA State in which the services are provided by the branch, stating the details of the change.
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