Short-Term Insurance Act, 1998 (Act No. 53 of 1998)

Regulations

Regulations under the Short-term Insurance Act, 1998 (Act No. 53 of 1998)

Part 3 : Limitation on Assets (Section 30)

3.8 Other derivatives
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Any derivative in relation to which no basis for valuation has been provided in regulation 3.6 or 3.7 shall be—

(a)deemed to be the asset or kind of asset to which the derivative relates; and
(b)valued as determined by the Authority.