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Regulation 36 Calculation of capital

Changes not yet applied. Later legislation changes this provision in ways not yet written into the text below:

Where eligibility is being assessed under regulation 5(6), and under any statute, bond, covenant, guarantee or other instrument the person concerned is under a contingent liability to pay any sum or is liable to pay a sum not yet ascertained, such amount as is reasonably likely to become payable within the period of calculation shall be disregarded.