# The General Insurance Reserves (Tax) Regulations 2001, Regulation 2.1: Rule 2


Find out the amount of the provisions for claims outstanding made and taken into account for the earlier period of account which—
(a) where the earlier period of account is either—
(i) the general insurer’s first period of account which began on or after 1st January 2000, or
(ii) the general insurer’s first period of account which ended not more than 10 years before the recalculation date,
was provision which was made and taken into account for that period, or
(b) in any other case, was provision made and taken into account for that period for liabilities which (according to their treatment in the statutory accounts of the general insurer) arose in respect of that period.

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Source: https://www.legislation.gov.uk/uksi/2001/1757/regulation/2.1 (the official version)
Page: https://openlegislation.uk/general-insurance-reserves-tax-regulations-2001/regulation-2.1
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.