(1) This section applies when calculating Credit Risk or Market Risk in respect of Islamic Contracts invested in or held by an Authorised Firm Managing a PSIA, which is an Unrestricted PSIA.

(2) In (1), the Islamic Contracts referred to are contracts which are funded by the PSIA.

(3) In this section, the term "investing in or holding Islamic Contracts" means investing in or holding as a principal.