Paragraph 2 Certificate by directors etc.

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)

Subject to paragraph 7 below, the certificate required by regulation 28(a) above shall also, in the case of a company which is required by section 32 of the Act to maintain a margin of solvency, EEA margin of solvency or UK margin of solvency, state that the required margin has been so maintained throughout the financial year in question.