If a DCA holder is suspended from TARGET2-ECB on the grounds specified in paragraph (1)(a), any outgoing payment orders from that DCA holder shall only be processed on the instructions of its representatives, including those appointed by a competent authority or a court, such as the DCA holder's insolvency administrator, or pursuant to an enforceable decision of a competent authority or a court providing instructions as to how the payments are to be processed.
The same rule shall apply to the ancillary systems that have not been designated under Directive 98/26/EC, in which case the ancillary systems shall be identified by reference to the following criteria: a) a formal arrangement, based on a contractual or legislative instrument, e.g. an agreement among the participants and the system operator; b) with multiple membership; c) with common rules and standardised arrangements; and d) for the clearing, netting and/or settlement of payments and/or securities between the participants.