# The Insurance Companies (Accounts and Statements) Regulations 1996, Paragraph 15: Derivative contracts


Any derivative contract entered into by the company—
(a) the value of which is taken into account for the purposes of calculating benefits payable to policy holders under property linked contracts; or
(b) in order to match its liabilities in respect of the payment of index linked benefits, shall be excluded from Form 17.

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Source: https://www.legislation.gov.uk/uksi/1996/943/schedule/1/paragraph/15 (the official version)
Page: https://openlegislation.uk/insurance-companies-accounts-and-statements-regulations-1996/schedule-1/paragraph-15
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.