means a competent authority as defined in Article 4(1), point (40), of Regulation (EU) No 575/2013 or a competent authority as defined in Article 3(1), point (5), of Directive (EU) 2019/2034 of the European Parliament and of the Council;
means investment firms as defined in Article 2(1), point (3), of Directive 2014/59/EU, excluding investment firms that fulfil any of the following conditions:
(5)the following Article 11a is inserted:‘Article 11aAnnual contributions of certain investment firms1.Without prejudice to Article 10, the annual contributions of investment firms referred to in Article 1(1) of Regulation (EU) 2019/2033 of the European Parliament and of the Councilnote that do not fall under the derogation provided for in Article 1(2) of that Regulation, shall be calculated in accordance with Article 5 of this Regulation.2.By way of derogation from paragraph 1, the annual contributions of investment firms referred to in paragraph 1 shall be calculated in accordance with Articles 5 to 9, where any of the following conditions is met:
3.Where an investment firm referred to in paragraph 1 of this Article provides sufficient evidence that the contribution amount calculated in accordance with Article 5 is higher than the contribution calculated in accordance with Articles 5 to 9, the resolution authority shall apply the lower.4.Where an investment firm referred to in paragraph 1 makes use of paragraph 3, it shall inform the resolution authority of it and provide that resolution authority with all the information referred to in Article 14(1), (2), (3) and (6), within the same deadlines as the deadlines provided for in Article 14(1) and (4).note