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18. A certificate by the appropriate actuary that—
(a)he considers the premium rate to be suitable;
(b)he considers the financing of the society to be sufficient to cover both technical reserves and the required margin of solvency during the first three financial years following authorisation; and
(c)he is satisfied that the information provided under paragraphs 7, 9, 12 and 13 above is based on reasonable principles.
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