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Paragraph 12 Provision for adverse changes

Changes not yet applied. Later legislation changes this provision in ways not yet written into the text below:

There shall be stated by way of supplementary note to Form 14 or 15 the methods and assumptions used to determine the amount of any provision made pursuant to regulation 61 of the Insurance Companies Regulations or, if there is no such provision, the methods and assumptions used to determine that no provision is required.