# The Insurance Companies (Transitional Provisions) Regulations 2012, Regulation 14: Apportionment in relation to a non-profit fund: other categories


(1) This regulation applies to a relevant computational item to which regulations 8 to 13 do not apply.
(2) Each relevant computational item must be apportioned between the specified businesses as follows—
(a) a fraction equal to the relevant fraction calculated for the accounting period ending on 31 December 2012 in accordance with section 432C(9) of ICTA, is to be apportioned to the business described in paragraph 8(1)(b) of Schedule 17 (gross roll up business);
(b) a fraction equal to—
1−AF is to be apportioned to the business described in paragraph 8(1)(c) of Schedule 17 (PHI business), where AF is the appropriate fraction calculated for the accounting period ending on 31 December 2012 in accordance with 432C(5) of ICTA; and
(c) the remainder is to be apportioned to the business described in paragraph 8(1)(a) of Schedule 17 (basic life assurance and general annuity business).

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Source: https://www.legislation.gov.uk/uksi/2012/3009/regulation/14 (the official version)
Page: https://openlegislation.uk/insurance-companies-transitional-provisions-regulations-2012/regulation-14
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.