EBU Single Rulebook Q&A 13 April 2015 2015_1946 Risk weight in CCP-related exposures, rules on 2% AND 4% risk weight

For the purposes of Article 305 (3) is there loss protection if the condition in 305 (2) b) is met but not 305 (2) c)? In order to use a 2% risk weight for CCP-related exposures, as stated in 305 (3), all four requirements as pointed out in 305 (2) have to be met by the institution.