SCHEDULES
SCHEDULE 9AForm and Content of Accounts of Insurance Companies and Groups
CHAPTER IIINOTES TO THE ACCOUNTS
CHAPTER IVINTERPRETATION OF PART I
Financial instruments81A
For the purposes of this Part, references to “derivatives” include commodity‐based contracts that give either contracting party the right to settle in cash or some other financial instrument, except when such contracts—
a
were entered into for the purpose of, and continue to meet, the company's expected purchase, sale or usage requirements,
b
were designated for such purpose at their inception, and
c
are expected to be settled by delivery of the commodity.