S.L. 330.18 Art. 3Applicability.

(1) These regulations shall apply to PRIIP

manufacturers and persons advising on, or selling, PRIIPs.

(2) Where PRIIP manufacturers subject to the PRIIPs Regulation are also subject to Regulation (EU) 2017/1129, both the PRIIPs Regulation and Regulation (EU) 2017/1129 shall apply to them.

(3) Where PRIIP manufacturers subject to the PRIIPs Regulation are also subject to Directive 2009/138/EC, both the PRIIPs Regulation and Directive 2009/138/EC shall apply to them.

(4) Upon expiration of the exemption laid down in Article 32 of the PRIIPs Regulation, these regulations shall also apply to the entities referred to in the same Article 32 of the PRIIPs Regulation.