# The Insurers (Winding Up) Rules 2001, Paragraph 4


Where the linked liabilities are not expressed in terms of units the value of those liabilities shall be the value (subject to adjustment for any amounts which would have been deducted for taxation) which would have been ascribed to those liabilities had the policy matured on the liquidation date.

---
Source: https://www.legislation.gov.uk/uksi/2001/3635/schedule/3/paragraph/4 (the official version)
Page: https://openlegislation.uk/insurers-winding-up-rules-2001/schedule-3/paragraph-4
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.