MIPRU TP 1 Transitional Provisions
MIPRU TP 1.1
(1) |
(2) Material to which the transitional provision applies |
(3) |
(4) Transitional provision |
(5) Transitional provision: dates in force |
(6) Handbook provision: coming into force |
11 |
R |
[expired]4 4 |
4 | 4 | |
2 |
R |
[expired]5 25 |
25 | 35 | |
33 |
R |
[deleted] |
|||
64 |
R |
A firm to which MIPRU 1.3.2 R will apply from 21 March 2016 may elect to comply with MIPRU 1.3.2 R from 21 September 2015. If a firm elects to comply with MIPRU 1.3.2 R, it must also comply with MIPRU 1.3.4 R. |
21 September 2015 to 20 March 2016 |
21 March 2016 |
|
75 |
R |
If a Directory person does not submit a Directory person report, a notification must be made in a way set out in MIPRU 2.2.1BR(2)(c). |
1 October 2020 to 31 March 2021 |
1 October 2020 |
|
86 |
R |
The new limits of indemnity apply to a professional indemnity policy or a comparable guarantee agreement commenced, renewed or extended with effect from or after 1 August 2021. Any other existing non-annual arrangements must be aligned with the new limits of indemnity before 1 August 2022. |
1 August 2021 to 31 July 2022 |
1 August 2021 |