translate English to French: Branches which started business, in accordance with the provisions in force in the Member State of the branch Ö where that branch is situated Õ , before 1 July 1994 shall be presumed to have been subject to the procedure laid down in Article 40(1) to (5) 142 and 143.
La Commission soumet au Conseil, dans un délai de six ans à compter de la notification de la directive, un rapport consacré aux incidences des exigences financières établies par la directive sur la situation des marchés d'assurance des États membres.