http://www.legislation.gov.uk/id/nisi/1986/1032/schedule/9A/part/1

SCHEDULES

SCHEDULE 9AForm and Content of Accounts of Insurance Companies and Groups

PART 1INDIVIDUAL ACCOUNTS

Valuation

19A

1

The amounts to be included in respect of assets of any description mentioned in paragraph 22 (valuation of assets: general) are determined either—

a

in accordance with that paragraph and paragraph 24 (but subject to paragraphs 27 to 29); or

b

so far as applicable to an asset of that description, in accordance with section BA (valuation at fair value).

2

The amounts to be included in respect of assets of any description mentioned in paragraph 23 (alternative valuation of fixed-income securities) may be determined—

a

in accordance with that paragraph (but subject to paragraphs 27 to 29); or

b

so far as applicable to an asset of that description, in accordance with section BA.

3

The amounts to be included in respect of assets which—

a

are not assets of a description mentioned in paragraph 22 or 23, but

b

are assets of a description to which section BA is applicable,

may be determined in accordance with that section.

4

Subject to sub-paragraphs (1) to (3), the amounts to be included in respect of all items shown in a company's accounts are determined in accordance with section C.