# The Friendly Societies (Insurance Business) (Amendment) Regulations 1996, Regulation 23: Interpretation: Part VII


In regulation 53 (interpretation: Part VII), after paragraph (a), insert the following paragraph—
“(aa) “gross claims” means the amount paid in respect of claims, including reinsured amounts;”.

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Source: https://www.legislation.gov.uk/uksi/1996/3008/regulation/23 (the official version)
Page: https://openlegislation.uk/friendly-societies-insurance-business-amendment-regulations-1996/regulation-23
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.