{
  "url": "https://openlegislation.uk/insurance-companies-regulations-1994/schedule-5/paragraph-2",
  "json_url": "https://openlegislation.uk/insurance-companies-regulations-1994/schedule-5/paragraph-2.json",
  "legislation": "uksi/1994/1516",
  "legislation_title": "The Insurance Companies Regulations 1994",
  "legislation_url": "https://openlegislation.uk/insurance-companies-regulations-1994",
  "path": "schedule/5/paragraph/2",
  "kind": "paragraph",
  "number": "2",
  "heading": "General business",
  "text": "Subject to paragraphs 3 to 7 below, the minimum guarantee fund for general business shall be the amount shown in the table below as applicable to the general business class for which the relevant company is authorised (or the highest such amount if the company is authorised for more than one class).\nGENERAL BUSINESS CLASS\nAMOUNT\nClass 10, 11, 12, 13, 14 or 15\n400,000 units of account\nClass 1, 2, 3, 4, 5, 6, 7, 8, 16 or 18\n300,000 units of account\nClass 9 or 17\n200,000 units of account",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/1994/1516/schedule/5/paragraph/2",
    "retrieved_at": "2026-10-29T13:31:36.830993+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}