Paragraph 10

After paragraph 12 of the said Schedule 3 insert—

“12A

Where in applying paragraphs 10 to 12 above to any financial year ending on or before 31 December 1996 it is found that the provisions for claims outstanding (before reductions for amounts recoverable from reinsurers) is not readily ascertainable, that provision shall be estimated from the provision for outstanding claims after deduction for amounts recoverable from reinsurers, using such methods as shall be approved by the Secretary of State.”