Paragraph 1 of this Article shall not apply with respect to OTC derivative contracts that are concluded by covered bond entities in connection with a covered bond, or by a securitisation special purpose entity in connection with a securitisation, within the meaning of Regulation (EU) 2017/2402 of the European Parliament and of the Council provided that: (a) in the case of securitisation special purpose entities, the securitisation special purpose entity shall solely issue securitisations that meet the requirements of Article 18, and of Articles 19 to 22 or 23 to 26 of Regulation (EU) 2017/2402 (the Securitisation Regulation);
Ní bheidh feidhm ag mír 1 den Airteagal seo i ndáil le conarthaí díorthach thar an gcuntar a thabharfar i gcrích ag eintitis bannaí faoi chumhdach i dtaca le banna cumhdaithe, nó a chuirfear i gcrích ag eintiteas sainchuspóireach urrúsúcháin i dtaca le hurrúsú, de réir bhrí Rialachán (AE) 2017/2402 ó Pharlaimint na hEorpa agus ón gComhairle) ar choinníoll: (a) i gcás eintiteas sainchuspóireach urrúsúcháin, nach n-eiseoidh an t-eintiteas sainchuspóireach urrúsúcháin ach urrúsuithe a chomhlíonann ceanglais Airteagal 18 agus Airteagal 19 go hAirteagal 22 nó Airteagal 23 go hAirteagal 26 de Rialachán (AE) 2017/2402 [An Rialachán Urrúsúcháin];