1

Application

1.1

Unless otherwise stated, this Part applies to:

  1. (1) a non-directive insurer, other than a non-directive friendly society; and
  2. (2) subject to 1.2, a Swiss general insurer.

1.2

This Part only applies to a Swiss general insurer in respect of the activities of the firm carried on from a branch in the UK.

1.3

This Part applies to a firm in relation to the whole of its business, except where a particular provision provides for a narrower scope.

1.4

Where a firm carries on both long-term insurance business and general insurance business, this Part applies separately to each type of business.