1. Subject to paragraph 2 (1), the supplementary amount in relation to assets of a relevant description held by a dependant of the insurance undertaking shall be determined in accordance with the following formula:
in which:
(A) is the supplementary amount;
(B) is the amount by which the value of assets of that description held by the dependant, excluding any non-life insurance business assets of the dependant, if it is an insurance undertaking, exceeds the permitted limit applicable to the dependant in relation to those assets;
(C) is the aggregate of the amount specified in B and of the amounts by which the value of assets of the same description held by other relevant dependants, excluding any non-life insurance business assets of a dependant which is an insurance undertaking, exceeds respectively the permitted limits applicable to such other relevant dependants in relation to those assets;
(D) is:
(a) where the insurance undertaking holds no assets of the same descripti
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