{
  "url": "https://openlegislation.uk/insurers-winding-up-rules-northern-ireland-2005/schedule-2/paragraph-5",
  "json_url": "https://openlegislation.uk/insurers-winding-up-rules-northern-ireland-2005/schedule-2/paragraph-5.json",
  "legislation": "nisr/2005/399",
  "legislation_title": "The Insurers (Winding-Up) Rules (Northern Ireland) 2005",
  "legislation_url": "https://openlegislation.uk/insurers-winding-up-rules-northern-ireland-2005",
  "path": "schedule/2/paragraph/5",
  "kind": "paragraph",
  "number": "5",
  "heading": "Present value of premiums",
  "text": "The present value of the premiums shall be the value at the liquidation date of the premiums which fall due to be paid by the policy holder after the liquidation date calculated on the basis of the rates of interest, mortality and disability referred to in paragraph 1.",
  "extent": "N.I.",
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "I",
      "label": "I1",
      "text": "Sch. 2 para. 5 in operation at 19.9.2005, see art. 1(1)"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/nisr/2005/399/schedule/2/paragraph/5",
    "retrieved_at": "2026-10-29T01:50:52.366407+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."
}