Section 376(11B)
FSMA 2000
Financial Services and Markets Act 2000 · United Kingdom
In the event that the activity of effecting or carrying out long-term contracts of insurance as principal is not to any extent a PRA-regulated activity— the reference in subsection (11)(c) to the PRA is to be read as a reference to the FCA, and subsection (11A) does not apply.
← 11A · All articles · 12 →
Source: legislation.gov.uk · retrieved 2026-09-04