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Companies (1986 Order) (Insurance Companies Accounts) Regulations (Northern Ireland) 1994

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6.  The provisions of this Schedule which relate to long term business shall apply, with necessary modifications, to business within Classes 1 and 2 of Schedule 2 to the 1982 Act which—

(a)is transacted exclusively or principally according to the technical principles of long term business, and

(b)is a significant amount of the business of the company.

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