Državam članicam ni treba uporabiti omejitev iz odstavkov 1 in 2 za deleže v zavarovalnicah, kakor določata Direktiva 73/239/EGS in Direktiva 79/267/EGS, ali v pozavarovalnicah, kakor določa Direktiva 98/78/ES."
The Member States need not apply the limits laid down in paragraphs 1 and 2 to holdings in insurance companies as defined in Directive 73/239/EEC and Directive 79/267/EEC, or in reinsurance companies as defined in Directive 98/78/EC."