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Regulation 6 Business groups

Original text. Later amendments are not shown.

(1)

For the purposes of applying this Part of these Regulations, a Part II company shall classify its Part II business into separate business groups comprising—

(a)

business group A— business falling within sub-paragraph (a) of paragraph (3) of regulation 4 above;

(b)

business group B— business falling within sub-paragraph (b) of that paragraph;

(c)

business group C— business falling within sub-paragraph (c) of that paragraph;

(d)

business group D— business falling within sub-paragraph (d) of that paragraph; and

(e)

business group E— business falling within sub-paragraph (e) of that paragraph.

(2)

The company shall further divide its business falling within each business group into business accounted for on an accident year basis and business accounted for on an underwriting year basis.