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1 Descriptions of Asset |
2 Maximum % of technical reserves which an individual asset in column 1 must not exceed |
3 Maximum % of technical reserves which the aggregate of the assets in column 1 must not exceed |
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1. |
A piece of land (not being land held as a security for a debt) or a number of pieces of such land to which in the most recent proper valuation of such pieces of land, an aggregate value is ascribed which is greater than the aggregate of the value of each of such pieces of land valued separately. |
5% |
15% |
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2. |
Secured debts (other than a listed debenture) due or to become due to the undertaking from |
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(a) any one company and any of its connected companies (not being a dependant of the insurance company) |
5% |
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(b) any one unincorporated body of persons |
5% |
(a) + (b) 15% |
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3. |
Debts due or to become due to the undertaking from an individual (other than an individual who is connected with the undertaking) being debts which are fu |
Version status: In force | Document consolidation status: Updated to reflect all known changes
Version date: 8 December 1994 - onwards