1. The recovery plan referred to in Article 138(2) and the finance scheme referred to in Article 139(2) shall, at least include particulars or evidence concerning the following:
(a)
estimates of management expenses, in particular current general expenses and commissions;
(b)
estimates of income and expenditure in respect of direct business, reinsurance acceptances and reinsurance cessions;
(c)
a forecast balance sheet;
(d)
estimates of the financial resources intended to cover the technical provisions and the Solvency Capital Requirement and the Minimum Capital Requirement;
(e)
the overall reinsurance policy.
2. Where the supervisory authorities have required a recovery plan referred to in Article 138(2) or a finance scheme referred to in Article 139(2) in accordance with paragraph 1 of this Article, they shall refrain from issuing a certificate in accordance with Article 39 for as long as they consider that the rights of the policy holders, or the contractual obligations of the reinsurance undertaking are threatened.