Article 56 3

(a)

assume that the undertaking under resolution with respect to which the resolution action or actions have been effected would have entered normal insolvency proceedings at the time when the decision referred to in Article 64 was taken;

(b)

assume that the resolution action or actions had not been effected;

(c)

take into account a commercially reasonable estimate of the replacement costs, including brokerage and closing fees, of already purchased policies for appropriate cohorts of policy holders at the time when the decision referred to in Article 64 was taken;

(d)

disregard any provision of extraordinary public financial support to the undertaking under resolution.