[(1) The PRA may make such rules applying to PRA-authorised persons—
(a) with respect to the carrying on by them of regulated activities, or
(b) with respect to the carrying on by them of activities which are not regulated activities,
as appear to the PRA to be necessary or expedient for the purpose of advancing any of its objectives.
(2) Rules made under this section are referred to in this Act as the PRA's general rules.
(3) The PRA's general rules may make provision applying to PRA-authorised persons even though there is no relationship between the PRA-authorised persons to whom the rules
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