Paragraph 12 Auditors' report

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

Sch.6, para.1 amended by Insurance Companies (Accounts and Statements) 1997 reg.19
Sch.6, para.10 amended by Insurance Companies (Accounts and Statements) 1997 reg.20(1)
Sch.6, para.10 renumbered (as para.10(1)) by Insurance Companies (Accounts and Statements) 1997 reg.20(3)
Sch.6, para.10(2) added by Insurance Companies (Accounts and Statements) 1997 reg.20(3)

Where the auditors refer in their report or in any note attached thereto to any uncertainty, the report shall state whether, in the auditors' opinion, that uncertainty is material to determining whether the company has available assets in excess of its required minimum margin, required EEA minimum margin or required UK minimum margin, as the case may be.