In forceAs enactedCurrent version · As enacted
Insurance Regulations, 2006 · As enacted · Part IV
Insurance Regulations, 2006 · As enacted · Part IV
Official textFrom Attorney General's Chambers, unchanged
The value of investment income due or accrued shall not include any amount outstanding for more than one year.
(2}
The value of any accounts receivable ans1ng from the sale of investments shall be an amount not greater than the principal amount outstanding.
Notwithstanding sub-regulations {1} and {2), an insurer shall provide all balances which are outstanding for more than 6 months from the inception date of the policy as doubtful debts.
Motor vehicles and computer equipment.