{
  "url": "https://openlegislation.uk/insurance-companies-reserves-regulations-1996/schedule-2/paragraph-1",
  "json_url": "https://openlegislation.uk/insurance-companies-reserves-regulations-1996/schedule-2/paragraph-1.json",
  "legislation": "uksi/1996/946",
  "legislation_title": "The Insurance Companies (Reserves) Regulations 1996",
  "legislation_url": "https://openlegislation.uk/insurance-companies-reserves-regulations-1996",
  "path": "schedule/2/paragraph/1",
  "kind": "paragraph",
  "number": "1",
  "heading": null,
  "text": "The company shall maintain a credit insurance equalisation reserve to which shall be charged, at the end of each financial year, any technical deficit arising in respect of credit insurance business during that financial year.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/1996/946/schedule/2/paragraph/1",
    "retrieved_at": "2026-10-29T12:46:24.566588+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."
}