# The Insurance Companies Regulations 1994, Regulation 54: Reversionary interests etc.


The value of any long term business asset of a company consisting of an interest in property which is a remainder, reversionary interest, right of fee subject to a liferent or other future interest, whether vested or contingent, shall be the amount which would reasonably be paid by way of consideration for an immediate transfer or assignment thereof.

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Source: https://www.legislation.gov.uk/uksi/1994/1516/regulation/54 (the official version)
Page: https://openlegislation.uk/insurance-companies-regulations-1994/regulation-54
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.