Capital base of a general fund

1. The capital base of a general fund is:
   1. the net assets of the general fund; plus/(less)
   2. technical provisions in surplus/(deficit) of those required by HPS 340[8]; less
   3. all regulatory adjustments to the net assets of the general fund required under Attachment B to this Prudential Standard.
2. A private health insurer must ensure that, at all times, the capital base of the general fund exceeds the PCR of the fund.
3. A private health insurer must ensure that, at all times, 120 percent of the net assets of the general fund exceeds the PCR of the fund.