Status: You are viewing the version of the handbook as on 2019-09-14.

core provision

    (as defined in section 316(3) of the Act (Direction by a regulator246)) a provision of the Act mentioned in section 317 of the Act (The core provisions) which applies to the carrying on of an insurance market activity by a member, or the members of the Society taken together, if the appropriate regulator 246 so directs.3