Regulation 106 Exclusion of liabilities from the minimum requirement for own funds and eligible liabilities
A liability is not included within an undertaking’s minimum requirement for own funds and eligible liabilities, as required by section 3A(4B) of the Act, if, in relation to that liability, the obligation in regulation 94(1)—
(a)
has not been complied with; or
(b)
is suspended under regulation 101(1).