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Status: You are viewing the version of the handbook as on 2009-03-31.

GENPRU 1.1 Application

GENPRU 1.1.1G

1There is no overall application statement for GENPRU. Each chapter or section has its own application statement.

GENPRU 1.1.2GRP

Broadly speaking however, GENPRU applies to:

  1. (1)

    an insurer;

  2. (2)

    a bank;

  3. (3)

    a building society;

  4. (4)

    a BIPRU investment firm; and

  5. (5)

    groups containing such firms.

Scope

GENPRU 1.1.3R

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