Where a securitisation position benefits from full credit protection or a partial credit protection on a pro-rata basis, the following requirements shall apply:
I gcás ina bhfuil cosaint chreidmheasa iomlán nó cosaint chreidmheasa pháirteach ar bhonn pro-rata ag suíomh urrúsúcháin, beidh feidhm ag na ceanglais seo a leanas: