# The Friendly Societies (Long Term Insurance Business) Regulations 1987, Regulation 18: Aggregation where more than one margin of solvency


Where the nature of the society’s long term business is such that more than one margin of solvency is produced in respect of that business by the operation of this Part of these Regulations, the margins in question shall be aggregated as regards the society in order to arrive at its required margin of solvency for long term business.

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Source: https://www.legislation.gov.uk/uksi/1987/2132/regulation/18 (the official version)
Page: https://openlegislation.uk/friendly-societies-long-term-insurance-business-regulations-1987/regulation-18
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.