Section 833A(8)

If the company carries on both long-term business and other insurance business— and, in applying paragraph (a) or (b), such apportionments of amounts referable to the long-term business or other insurance business are to be made as are just and reasonable. this section is to be applied on the assumption that the company carries on only the long-term business; and the remainder of this Part is to be applied on the assumption that the company carries on only that other insurance business;

← 7 · All articles · 9 →

Source: legislation.gov.uk · retrieved 2026-09-04