Paragraph 2

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

• Sch.3, para.1 (defn. of incepted) added by Insurance Companies 1996 reg.12(2)
• Sch.3, para.1 (defn, of receivable) substituted by Insurance Companies 1996 reg.12(3)
• Sch. 3 modified by S.I. 1983/224 Sch. 1A (as inserted) by Insurance (Lloyd's) 1997 reg. 3(2) Sch. 1