[192JA Rules applying to parent undertakings of ring-fenced bodies]
[192JA Rules applying to parent undertakings of ring-fenced bodies]

[(1)     The appropriate regulator may make such rules applying to bodies corporate falling within subsection (2) as appear to the regulator to be necessary or expedient for the group ring-fencing purposes.

(2)     A body corporate falls within this subsection if—

(a)     it is incorporated in the United Kingdom or has a place of business in the United Kingdom,