regulatory surplus
32(in relation to a long-term business fund, or sub-fund) the excess, if any, of the regulatory value of assets for the with-profits fund over the regulatory value of liabilities for that fund.
You are viewing the version of the document as on 2024-08-20.
32(in relation to a long-term business fund, or sub-fund) the excess, if any, of the regulatory value of assets for the with-profits fund over the regulatory value of liabilities for that fund.