Search Legislation

The Friendly Societies (Long Term Insurance Business) Regulations 1987

 Help about what version

What Version

  • Latest available (Revised)
  • Original (As made)
 Help about opening options

Opening OptionsExpand opening options

Status:

This is the original version (as it was originally made). This item of legislation is currently only available in its original format.

No credit for profits from voluntary discontinuance

58.  Allowance shall not be made in the valuation for the voluntary discontinuance of any contract if the amount of the liability so determined would thereby be reduced.

Back to top

Options/Help