GEN 6.1 does not: (1) apply to an unamended contract of insurance, first entered into on or before 24 July 2003; or (2) prohibit a firm from claiming on, or making a payment under, a contract of insurance: (a) in connection with a financial penalty imposed by the FSA pursuant to a warning notice issued before 25 July 2003; or (b) first entered into between 25 July 2003 and 31 December 2003 in respect of a financial penalty imposed by the FSA by a final notice issued on or before 31 December 2003. (For these purposes only, a contract of insurance will be regarded as unamended if: (i) it was amended on or before 24 July 2003; or (ii) it was amended after 24 July 2003, but the amendments did not affect the duration or scope of any indemnity against a financial penalty imposed by the FSA under the Act.) | 