Section 42 Actuarial investigations.C1

The F1Treasury may require a company which carries on long term business—

For the purposes of any investigation made in pursuance of a requirement under this section the value of any assets and the amount of any liabilities shall be determined in accordance with any applicable valuation regulations.

The form and contents of any abstract F5. . . made in pursuance of a requirement under this section shall be the same as for an abstract . . .made under section 18 above and subsection (2) of that section shall apply to an investigation made in pursuance of this section as it applies to an investigation to which subsection (1)(b) of that section relates.

F6The required copies of any abstract F7. . . made in pursuance of a requirement under this section shall be deposited by the company with the Treasuryon or before such date as F8they may specify, F9. . ..

In subsection (4) above, the reference to the required copies, in relation to any abstract, is to —

Where copies of any abstract are required under subsection (4) above to be deposited with the Treasury, one of the copies or, as the case may be, the printed copy shall be signed by the person required to sign copies of abstracts made under section 18 above which are deposited under section 22 above.