CTHRepealedLegislation
Life Insurance (prudential standard) determination No. 10 of 2012
Ascertainment of income and outgoings ofAscertainment of income and outgoings of statutory funds
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Ascertainment of income and outgoings of statutory funds
- For the purposes of subsection 47(1) of the Act, income and outgoings of a statutory fund are, respectively, the amounts pertaining to that statutory fund that have the character of income and outgoings in accordance with the provisions of the reporting standards made under FSCODA, as in force from time to time, that provide for accountability for profit and loss.