The PDF is larger than 50 pages and may take a moment to load.
Text comparison - Full text
Date fields are required.
The text generated incorporates all known amendments with given commencement dates.
If comparing more than 50 pages, this may take a moment to generate.
Text comparison - Draft proposed changes
This option allows you to compare the current text with bill, draft, or proposed changes. Please select from the list below to specify which changes to include.
If the comparison involves more than 50 pages, please allow some time for it to generate.
Version status: Entered into force | Document consolidation status: Updated to reflect all known changes
Version date: 6 January 2010 - onwards
Version 2 of 2
Article 91 Surplus funds
1. Surplus funds shall be deemed to be accumulated profits which have not been made available for distribution to policy holders and beneficiaries.
2. In so far as authorised under national law, surplus funds shall not be considered as insurance and reinsurance liabilities to the extent that they fulfil the criteria set out in Article 94(1).