# The Friendly Societies (Insurance Business) Regulations 1994, Paragraph 4


The aggregate obtained under paragraph 3(1) or (2) above shall be divided by the number of months in the reference period and multiplied by twelve.

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Source: https://www.legislation.gov.uk/uksi/1994/1981/schedule/3/paragraph/4 (the official version)
Page: https://openlegislation.uk/friendly-societies-insurance-business-regulations-1994/schedule-3/paragraph-4
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.