Introductory Text
1.Citation, commencement and revocation
2.Interpretation
3.Application
4.Appointment of liquidator
5.Maintenance of separate financial records for long-term and other business in winding-up
6.Valuation of general business policies
7.Valuation of long-term policies
8.(1) This Rule applies in relation to a company’s long-term...
9.Attribution of liabilities to company’s long-term business
10.Attribution of assets to company’s long-term business
11.Excess of long-term business assets
12.Actuarial advice
13.Utilisation of excess of assets
14.In the case of a company carrying on long-term business...
15.Custody of assets
16.Maintenance of accounting, valuation and other records
17.Additional powers in relation to long-term business
18.Accounts and audit
19.Security by the liquidator and special manager
20.Proof of debts
21.Failure to pay premiums
22.Notice of valuation of policy
23.Dividends to creditors
24.Meetings of creditors
25.Remuneration of liquidator carrying on long-term business
26.Apportionment of costs payable out of the assets
27.Notice of stop order
Signature
1. SCHEDULE 1
  Rules for valuing general business policies
2. SCHEDULE 2
  Rules for valuing non-linked life policies, non-linked deferred annuity policies, non-linked annuities in payment, unitised non-linked policies and capital redemption policies
3. SCHEDULE 3
  Rules for valuing life policies and deferred annuity policies which are linked policies
4. SCHEDULE 4
  Rules for valuing long-term policies which are not dealt with in Schedules 2 or 3
5. SCHEDULE 5
  Rules for valuing long-term policies where a stop order has been made
6. SCHEDULE 6
  FORMS
Explanatory Note