# The Friendly Societies (Insurance Business) Regulations 1994, Paragraph 3: Long term classes IV and VI


For long term business of class IV or VI the required margin of solvency shall be determined by applying the first calculation.

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Source: https://www.legislation.gov.uk/uksi/1994/1981/schedule/1/paragraph/3 (the official version)
Page: https://openlegislation.uk/friendly-societies-insurance-business-regulations-1994/schedule-1/paragraph-3
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.