In particular, Member States should be free to set out in their national law a threshold between EUR 1000000 and EUR 8000000, expressed as the total consideration of the offer in the Union over a period of 12 months, below which the exemption should apply taking into account the level of domestic investor protection they deem to be appropriate.
Go háirithe, ba cheart cead a bheith ag na Ballstáit tairseach idir EUR 1000000 agus EUR 8000000 a leagan síos ina ndlí náisiúnta, arna shloinneadh mar chomaoin iomlán na tairisceana san Aontas thar thréimhse 12 mhí agus, má tá comaoin níos lú i gceist, ba cheart feidhm a bheith ag an díolmhú sin agus aird á tabhairt ar an leibhéal cosanta a mheasann siad a bheith iomchuí don infheisteoir baile.