# The Insurance Companies (Reserves) Regulations 1996, Paragraph 11: Method of calculating business group maximum


The maximum reserve applicable to a business group (the“business group maximum”) at the end of a financial year shall be calculated in accordance with paragraph 12 below.

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Source: https://www.legislation.gov.uk/uksi/1996/946/schedule/1/paragraph/11 (the official version)
Page: https://openlegislation.uk/insurance-companies-reserves-regulations-1996/schedule-1/paragraph-11
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.