Paragraph 4
The permitted counterparty exposure limit is—
(a)
where the counterparty is an individual or an unincorporated body of persons, 5 per cent of the business amount;
(b)
where the counterparty is a counterparty of the type mentioned in sub-paragraph (d) in the definition of counterparty, 5 per cent of the business amount;
(c)
where the counterparty is a body corporate or group, each of—
(i)
20 per cent of the business amount;
(ii)
10 per cent of the business amount where the exposure arises other than by reason that debts are due or to become due as a result of short term deposits made with an approved credit institution;
(iii)
5 per cent of the business amount where the exposure is other than to bodies which are approved counterparties.