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Application provision

1.1 Unless otherwise stated, this Part applies to a non-directive insurer, other than a non-directive friendly society.

2.1

01/01/2016

A firm other than a pure reinsurer must not carry on any commercial business other than insurance business and activities directly arising from that business.

2.2

01/01/2016

A pure reinsurer must not carry on any business other than the business of reinsurance and related operations.