(3) Subsection (1)
does not apply to a widely held bank holding company that controls, within the meaning of paragraphs 3(1)(a) and (d), the
bank holding company with equity of twelve billion dollars or more if the widely held
bank holding company controlled, within the meaning of those paragraphs, the
bank holding company on the day the
bank holding company’s equity reached twelve billion dollars and the widely held
bank holding company has controlled, within the meaning of those paragraphs, the
bank ...[+++] holding company since that day.