OpenLegislation

Regulation 7A Interpretation of Chapter 2

As made

(1)

F1In this Chapter—

  • “insurance undertaking” has the same meaning as in section 417(1) of FSMA 2000f1;

  • “PRA rules” means the rules made by the PRA under FSMA 2000 as they have effect from time to time;

  • “reinsurance undertaking” has the same meaning as in section 417(1) of FSMA 2000.

(2)

Any other term used in this Chapter which is used in PRA rules applicable to insurance and reinsurance undertakings has the same meaning as in those rules.

Annotations

Textual amendments

F1

Pt. 2 Ch. 2 inserted (1.11.2024 for specified purposes and 31.12.20204 otherwise) by The Insurance and Reinsurance Undertakings (Prudential Requirements) (Amendment and Miscellaneous Provisions) Regulations 2024 (S.I. 2024/1083), regs. 1(2), 2(5)

Footnotes

f1

1998 c. 11. Schedule 6A was inserted by section 13 of and Schedule 1 to the Bank of England and Financial Services Act 2016 (c. 14).