# The Friendly Societies (Long Term Insurance Business) Regulations 1987, Paragraph 10


From the amount determined under paragraph 7(1) or (2) above, there shall be deducted the total sum recoverable in respect of that amount under reinsurance contracts ceded.

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Source: https://www.legislation.gov.uk/uksi/1987/2132/schedule/3/paragraph/10 (the official version)
Page: https://openlegislation.uk/friendly-societies-long-term-insurance-business-regulations-1987/schedule-3/paragraph-10
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.