A competent authority designated pursuant to Article 29(2), (3) or (4), as applicable, may grant permission to an entity under its supervision to include securitisation positions as underlying exposures in a securitisation where that competent authority deems the use of a resecuritisation to be for legitimate purposes as set out in paragraph 3 of this Article.
Is féidir le húdarás inniúil a ainmníodh de bhun Airteagal 29(2), (3) nó (4), de réir mar is infheidhme, cead a thabhairt d’eintiteas faoina mhaoirseacht suíomhanna urrúsúcháin a bheith aige i measc na neamhchosaintí foluiteacha a úsáidtear in urrúsú i gcás ina measann an t-údarás inniúil gur chun críocha dlisteanacha mar a leagtar amach i mír 3 den Airteagal seo atá úsáid an ath-urrúsaithe.