# The Friendly Societies (Insurance Business) (Amendment) Regulations 1996, Paragraph 10: Adjustments in respect of initial margins


The figure arrived at under paragraphs 5 to 9 above in respect of assets of each description shall be increased by an amount representing the value of any assets of that description which have been transferred by the society by way of initial margin.

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Source: https://www.legislation.gov.uk/uksi/1996/3008/schedule/1/paragraph/10 (the official version)
Page: https://openlegislation.uk/friendly-societies-insurance-business-amendment-regulations-1996/schedule-1/paragraph-10
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.