# The Insurance Companies Regulations 1994, Paragraph 5


If the amount arrived at under paragraph 4 above is more than 7 million units of account, it shall be divided into two portions, the former consisting of 7 million units of account and the latter comprising the excess.

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Source: https://www.legislation.gov.uk/uksi/1994/1516/schedule/4/paragraph/5 (the official version)
Page: https://openlegislation.uk/insurance-companies-regulations-1994/schedule-4/paragraph-5
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.