# Commission Delegated Regulation (EU) No 231/2013 of 19 December 2012 supplementing Directive 2011/61/EU of the European Parliament and of the Council with regard to exemptions, general operating conditions, depositaries, leverage, transparency and supervision (Text with EEA relevance), Division 3: The AIF shall calculate its exposures as the sum of absolute values:

Extent: E+W+S+N.I.

0 % of the netted amount for each maturity range,
40 % of the netted amounts between two adjoining maturity ranges (i) and (i + 1),
75 % of the netted amounts between two remote maturity ranges separated by another one, meaning maturity ranges (i) and (i + 2),
100 % of the netted amounts between the two most remote maturity ranges, and
100 % of the remaining unnetted positions.

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Source: https://www.legislation.gov.uk/eur/2013/231/annex/III/division/3 (the official version)
Page: https://openlegislation.uk/eu-regulation-2013-231/annex-III/division-3
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.