CTHRepealedLegislation
Financial Sector (Collection of Data) (reporting standard) determination No. 6 of 2009 - LRS 210.0 - Derivatives, Commitments and Off-Balance Sheet Items
Fixed chargeFixed charge
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Turn the raw legal text into a practical explanation grounded in Financial Sector (Collection of Data) (reporting standard) determination No. 6 of 2009 - LRS 210.0 - Derivatives, Commitments and Off-Balance Sheet Items.
Fixed charge
A fixed charge is generally given in relation to a specific asset or assets and it will generally limit the ability or right of the life company to deal with those assets.