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Section 2F: Interpretation of references to objectives

Financial Services and Markets Act 2000 · 2000 c. 8View on legislation.gov.uk

Part 1A: The Regulators — CHAPTER 2: The Prudential Regulation Authority

In this Act, a reference, in relation to any function of the PRA, to the objectives of the PRA is a reference to its general objective but—

so far as the function is exercisable in relation to the activity of effecting or carrying out contracts of insurance, or PRA-authorised persons carrying on that activity, is a reference to its general objective and its insurance objective;
so far as the function is exercisable in relation to an activity to which an objective specified by order by virtue of section 2D(2) relates, or PRA-authorised persons carrying on that activity, is a reference to its general objective and the objective specified by the order.

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Reuse reviewed 21 August 2026 under Open Government Licence v3.0.