Paragraph 4 shall not apply to credit institutions referred to in point (b) of paragraph 2 that offer to settle the cash payments for part of the CSD’s securities settlement system, if the total value of such cash settlement through accounts opened with those credit institutions, calculated over a one-year period, is less than one per cent of the total value of all securities transactions against cash settled in the books of the CSD and does not exceed a maximum of EUR 2,5 billion per year.
Ní bheidh feidhm ag mír 4 maidir le hinstitiúidí creidmheasa dá dtagraítear i bpointe (a) de mhír 2 a dhéanfaidh tairiscint na híocaíochtaí airgid a shocrú le haghaidh córas socraíochta urrús TLU, más rud é gur lú luach iomlán na socraíochta airgid sin trí chuntais a osclófar leis na hinstitiúidí creidmheasa sin, a ríomhtar thar tréimhse bliana, ná aon faoin gcéad de luach iomlán gach beart urrús i gcoinne airgid a shocrófar i leabhair TLU agus nach mó é ná EUR 2,5 billiún sa bhliain.