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INSPRU Sch 4 Powers exercised

INSPRU Schedule 4.1

1The following powers and related provisions in the Act have been exercised by the FSA to make the rules in INSPRU:

Section 138 (General rule-making power)

Section 141 (Insurance business rules)

Section 149 (Evidential provisions)

Section 150(2) (Actions for damages)

Section 156 (General supplementary powers)

2Section 316(1) (Direction by Authority)

Section 318(1) (Exercise of powers through Council)

INSPRU Schedule 4.2

The following power in the Act has been exercised by the FSA to give the guidance in INSPRU:

Section 157(1) (Guidance)