(1) An analysis as near as may be of the premium income of an industrial assurance company in respect of each of the five years preceding the date as at which such valuation was made into income arising from -
(a) policies which were not of more than one year's duration when such income arose, and
(b) policies which were of more than one year's duration when such income arose.
(2) Every such analysis shall be given separately for policies in respect of which the premiums are payable weekly and for policies in respect of which the premiums are payable at longer intervals than one week.
2. The amount, if any, by which the value of the "Office Yearly Premiums" as shown in respect of each item in the "Form referred to under Heading No. 7 in the Fourth Schedule (A)" to the Act of 1909, has been reduced in order to secure that no policy shall be treated as an asset.
3. If the proportion of the annual premium income reserved as a provision for future expenses and profits as sta
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