SCHEDULE 1 [SCHEDULE 5 TO THE 1994 REGULATIONS]
ASSETS TO BE TAKEN INTO ACCOUNT ONLY TO A SPECIFIED EXTENT

PART I EXCESS EXPOSURE: METHOD OF CALCULATION

8 Adjustments in respect of options
The figure arrived at under paragraphs 5 to 7 above in respect of assets of each description shall be increased or decreased by the value of assets of that description which the society is deemed to have acquired or disposed of pursuant to an option.