# The Friendly Societies (Insurance Business) Regulations 1993, Paragraph 5


In this Schedule, “subject company” means the dependant of the society the value of whose assets is being determined in accordance with regulation 22(2) or (3) (as the case may be).

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Source: https://www.legislation.gov.uk/uksi/1993/98/schedule/4/paragraph/5 (the official version)
Page: https://openlegislation.uk/friendly-societies-insurance-business-regulations-1993/schedule-4/paragraph-5
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.