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applicable sectoral rules

    14(in respect of a financial sector) applicable sectoral consolidation rules for that financial sector and the appropriate regulator's 154 sectoral rules about capital adequacy and solvency for:37

      1. (a) the banking and investment services sector as set out in paragraph 6.2 of GENPRU 3 Annex 1R132; or37
      1. (b) the insurance sector as set out in paragraph 6.4 of GENPRU 3 Annex 1R132;37

    which of those sets of rules apply for the purpose of a particular calculation depends on the nature of that calculation.