OpenLegislation

Paragraph 14 Other information

Original text. Later amendments are not shown.

A certificate by the actuary appointed for the purposes of these Regulations that–

(a)

he considers the premium rates to be suitable,

(b)

he considers the financing of the society to be sufficient to cover both technical reserves and the required margin of solvency during the first three years of account following authorisation, and

(c)

he agrees with the information provided under paragraphs 6 and 9 above.