The scheme of operations referred to in Article 8(1)(c) and (2) shall include particulars or proof concerning:
(a) the nature of the commitments which the undertaking proposes to cover;
(b) the guiding principles as to reassurance;
(c) the items constituting the minimum guarantee fund;
(d) estimates relating to the costs of setting up the administrative services and the organization for securing business and the financial resources intended to meet those costs;
in addition, for the first three financial years:
(e) a plan setting out detailed estimates of income and expenditure in respect of direct business, reassurance acceptances and reassurance cessions;
(f) a forecast balance sheet;
(g) estimates relating to the financial resources intended to cover underwriting liabilities and the solvency margin.