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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 must at all times monitor whether it is complying with 3.1 and be able to demonstrate that it knows at all times whether it is complying with that rule.

2.2

01/01/2016

A firm must notify the PRA immediately in accordance with Notifications 2 of any breach, or expected breach, of 3.1.