WORLD TRADE
ORGANIZATIONTN/S/O/EEC/Corr.1
2 December  2003
(03-6396)
Council for Trade in Services
Special SessionOriginal:  English
COMMUNICATION FROM THE EUROPEAN COMMUNITIES
AND ITS MEMBER STATES
Conditional Initial Offer
Corrigendum
Please note the following corrections to the conditional initial offer of the European
Communities and its Member States:
• On page 110, 7.B. Banking and Other Financial Services (excluding insurance) in the Market
Access column under mode 2:  the number 2) and footnote 67 should not be struck out; the word
"None" should be inserted in bold-faced type.
• On page 120, 8.A. Hospital Services, in the Market Access column under mode 3, the entry for
Spain should read "E:  Prior authorization is required by the "Communidades Autónomas" based
on an economic needs test taking into account the population and already existing health services
in the given regions." 1
The corrected pages 110 and 1201 are attached.
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1 In English only.TN/S/O/EEC
Page 110TN/S/O/EEC/Corr.1
Page 2
Modes of supply: (1) Cross-border supply (2) Consumption abroad (3) Commercial presence (4) Presence of natural persons
Sector or Sub-sector Limitations on Market Access Limitations on  National TreatmentAdditional
Commitments
2) 67None
      D:     Issues of securities denominated i n Deutschmarks
can be lead managed only by a credit institution,
subsidiary or branch, established in Germany.
      FIN: Payments from governmental entities (expenses)
shall be transmitted through the Finnish Postal Giro
system, which is maintained by the Postipankki
Ltd. Exemption from this requirement may be
granted on special reason by the Ministry of
Finance.
      GR:  Establishment is required for the provision of
custodial and depository services involving the
administration of interest and principal payments
due on securities issued in Greece.
        UK: Sterling issues, including privately led issues, can
be lead managed only by a firm established in the
European Community.2) None
                                                     
67 I: Authorised persons enabled to conduct collective asset management are deemed responsible for any investment activity conduct ed by their delegated advisers (Collective asset
management, excluding UCITS).TN/S/O/EEC
Page 120TN/S/O/EEC/Corr.1
Page 3Modes of supply: (1) Cross-border supply (2) Consumption abroad (3) Commercial presence (4) Presence of natural persons
Sector or Sub-sector Limitations on Market Access Limitations on  National TreatmentAdditional
Commitments
I: Private health and sanitary services need
authorization by local health authorities.  Criteria are
based on a ratio in function of population.
NL: Quantitative economic needs test fixed by a health
plan allowing for a maximum number of bedsrelated to the population of each health region.
E: Prior authorization is required by the "Comunidades
Autónomas" based on an economic needs test taking
into account the population and already existinghealth services in the given health regions.
4)ICT and BV: Unbound except as indicated in the
horizontal section and subject to the followingspecific limitations:
FIN, S:  Unbound.
F: Access to management functions is subject to prior
authorization.  In granting the authorizationconditions such as professional experience andskills, availability of local managers and degree of
specialization required, are taken into consideration.
GR: Condition of nationality for public hospitals.4)ICT and BV: Unbound except as
indicated in the horizontal sectionand subject to the following
limitations:
FIN, S: Unbound.
       CSS Unbound       CSS Unbound
B. Other human health services
provided though residential
health facilities like healthresort hotels and therapeuticbath services (CPC 93193)1) Unbound
2) 3) Unbound for all Member States except for 
A:   none
4)ICT and BV Unbound except A: unbound except as
indicated in the horizontal section1) Unbound
2) 3) Unbound for all Member States
except for  A:   none
4)ICT and BV Unbound except A:
unbound except as indicated in the
horizontal section
      CSS Unbound       CSS Unbound
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