Document ID: chunk:federal_register_of_legislation:C2024A00052:clause:6_22
Version: federal_register_of_legislation:C2024A00052
Segment Type: clause
Provision Reference: sch 6 cl 22
Character Range: 44717–45715

22  Subsection 713‑725(4)
Repeal the subsection, substitute:
 (4) The things are the *general insurance company's:
 (a) *assets for insurance acquisition cash flows to the extent that they are used to measure the company's adjusted *liability for remaining coverage; and
 (b) deferred reinsurance expenses to the extent that they are used to measure the company's adjusted liability for remaining coverage; and
 (c) recoveries receivable, or potential recoveries, measured under the *applicable insurance contracts standard to the extent that they relate to insurance contracts or reinsurance contracts; and
 (d) claims handling costs that are neither attached to, nor directly attributable to, a particular claim, to the extent that these costs are used to measure the company's adjusted *liability for incurred claims; and
 (e) loss components and loss‑recovery components of onerous contracts to the extent that they are used to measure the company's adjusted liability for remaining coverage.