OpenLegislation

Paragraph 88 Commissions

Original text. Later amendments are not shown.

There must be disclosed the total amount of commissions for direct insurance business accounted for in the financial year, including acquisition, renewal, collection and portfolio management commissions.

Notes on Information supplementing the profit and loss account

Footnotes

f1

See regulation 6(2) for exemption for companies falling within section 408 of the 2006 Act (individual profit and loss account where group accounts prepared).