PIN 3.2.3

When an Insurer that is a Protected Cell Company carries on, through a Cell, Long-Term Insurance Business that, under the provisions of PIN section 3.3, must be attributed to a Long-Term Insurance Fund, it must either:

(a) establish, in respect of that Cell, one or more Long-Term Insurance Funds; or
(b) notify the DFSA in writing that the Cell is deemed to constitute a single Long-Term Insurance Fund.
Derived from DFSA RM06/2004 (Made 16th September 2004). [VER1/09-04]