CTHRepealedLegislation
Financial Sector (Collection of Data) (reporting standard) determination No. 21 of 2007 - LRS 210.0 Derivatives, Commitments and Off-Balance Sheet Items
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Turn the raw legal text into a practical explanation grounded in Financial Sector (Collection of Data) (reporting standard) determination No. 21 of 2007 - LRS 210.0 Derivatives, Commitments and Off-Balance Sheet Items.
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- those standby facilities that can be drawn down (funds accessed) five days after notice is given by the life company of its intention to draw down on the standby facility (i.e. a five day waiting period).