Applicable provisions

The stipulations of Subdivisions 2 and 3 are to be applied accordingly to the merger of smaller mutual insurance companies as defined in section 210 of the Act on the Supervision of Insurance Companies (Versicherungsaufsichtsgesetz – VAG). Where smaller mutual insurance companies are concerned, the application filed with the supervisory authority for approval takes the stead of the application for entry in the register, while the notice by publication in the Official Gazette (Bundesanzeiger) in accordance with section 119 takes the stead of the entry in the register and its publication.