1. Member States shall require institutions, and financial holding companies and mixed financial holding companies within the scope of Article 21a(1) (the "proposed acquirer") to notify their competent authority in writing in advance where they intend to acquire, directly or indirectly, a material holding (the "proposed acquisition"). The notification shall indicate the size of the proposed acquisition and the relevant information, as specified in Article 27b(5).

2. For the purposes of paragraph 1, a holding shall be deemed material where it is equal to or more than 15 % of the eligible capital of the proposed acquirer.