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Status: Please note you should read all Brexit changes to the FCA Handbook and BTS alongside the main FCA transitional directions. Where these directions apply the 'standstill', firms have the choice between complying with the pre-IP completion day rules, or the post-IP completion day rules. To see a full list of Handbook modules affected, please see Annex B to the main FCA transitional directions.

class

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      1. (1) (in GENPRU, INSPRU and SUP) (in relation to a contract of insurance) any class of contract of insurance listed in Schedule 1 to the Regulated Activities Order (Contracts of insurance) and references to:
        1. (a) general insurance business class 1, 2 3, etc. are references to contracts of insurance of the kind mentioned in the corresponding numbered paragraph in Part I of Schedule 1 to that Order or, as the context may require, to the effecting or carrying out of contracts of insurance of that kind; and
        1. (b) long-term insurance business class I, II, III, etc. are references to contracts of insurance of the kind mentioned in the corresponding numbered paragraph in Part II of Schedule 1 to that Order, as the context may require, to the effecting or carrying out of contracts of insurance of that kind.
      1. (2) (in COLL):
        1. (a) a particular class of units of an authorised fund; or
        1. (b) all of the units relating to a single sub-fund; or
        1. (c) a particular class of units relating to a single sub-fund.230
        1. (d) [deleted]230
      1. (3) (in COBS) a particular category or type of packaged product.
      1. (4) (in LR) securities the rights attaching to which are or will be identical and which form a single issue or issues.
      1. (5) (in FEES) one of the216 classes216 set out216 in FEES 6 Annex 3AR, to which the FSCS allocates levies216.