{
  "url": "https://openlegislation.uk/industrial-assurance-act-1923-repealed/schedule-FOURTH/paragraph-1",
  "json_url": "https://openlegislation.uk/industrial-assurance-act-1923-repealed/schedule-FOURTH/paragraph-1.json",
  "legislation": "ukpga/Geo5/13-14/8",
  "legislation_title": "Industrial Assurance Act 1923 (repealed )",
  "legislation_url": "https://openlegislation.uk/industrial-assurance-act-1923-repealed",
  "path": "schedule/FOURTH/paragraph/1",
  "kind": "paragraph",
  "number": "1",
  "heading": null,
  "text": "The value of the policy is to be the difference between the present value of the reversion in the sum assured according to the contingency upon which it is payable, including any bonus added thereto, and the present value of the future net premiums.",
  "extent": "E+W+S",
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/Geo5/13-14/8/schedule/FOURTH/paragraph/1",
    "retrieved_at": "2026-10-29T11:46:52.081025+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}