CTHRepealedLegislation
Insurance (prudential standard) determination No. 2 of 2012 - Prudential Standard GPS 110 - Capital Adequacy
MaterialityMateriality
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Materiality
- A regulated institution must take into account materiality when calculating its capital base and prescribed capital amount. Particular values or components are considered material to the overall result of a calculation if misstating or omitting them would produce results likely to be misleading to the users of the information.