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Version status: Revoked | Document consolidation status: Updated to reflect all known changes
Version date: 1 January 2016 - onwards
  Version 2 of 2    

Schedule 7, Part 2

Revoked from 1 January 2016

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Description of Asset

Maximum % of life assurance net premium income amount which an individual asset in column 1 must not exceed

Maximum % of life assurance net premium income which the aggregate of assets in column 1 must not exceed

17. Amounts recorded in the insurance company's books as due in respect of premiums (other than premiums in respect of treaty reinsurance accepted) which either -

2½%

15%

(a) have not been paid, or

   

(b) have been received by an intermediary on behalf of the company, but have not been paid to the company by the intermediary,

   

less any rebates, refunds and commission recorded in the company's books as allowable or payable in respect of any such amounts.

   

 

Comparing proposed amendment...