Suppose further that σ and τ are semi-simple and hence N (resp. P) is the direct sum of the Nδ (resp. Pδ). For all n∈N (resp. p∈P), let n♮ (resp. p♮) be its component in N0 (resp. P0). Let m0∈M0. Then for all n∈N, (m0.n)♮=m0.n♮.
By linearity it suffices to consider the case where n∈Nδ. If δ=δ0, n♮=0 and m0.n∈Pδ (Lemma 4), hence (m0.n)♮=0=m0.n♮. If δ=δ0, n♮=n and m0.n∈P0 (Lemma 4), hence (m0.n)♮=m0.n=m0.n♮.
Bourbaki puts the proof directly after the statement, so what is above is the statement and its proof together.