Regulation 75 Nature and term of assets
The determination of the amount of long term liabilities shall take into account the nature and term of the assets representing those liabilities and the value placed upon them and shall include prudent provision against the effects of possible future changes in the value of the assets on—
(a)
the ability of the company to meet its obligations arising under contracts for long term business as they arise, and
(b)
the adequacy of the assets to meet the liabilities as determined in accordance with regulations 65 to 74 above.