(1) The Commissioner must produce and publish guidance about the fees the Commissioner proposes to charge in accordance with—
(a) section 134 or 135, or
(b) Article 57(4) of the [UK GDPR].
(2) Before publishing the guidance, the Commissioner must consult the Secretary of State.
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This Practice Note covers the legal framework and regulatory guidance to be considered in determining whether an arrangement constitutes a contract of insurance and the possible consequences of carrying on activities relating to a contract of insurance without the requisite regulatory permissionsThe
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