Document ID: chunk:federal_register_of_legislation:C2010C00615:clause:9_49
Version: federal_register_of_legislation:C2010C00615
Segment Type: clause
Provision Reference: sch 9 cl 49
Character Range: 366599–367089

49  Subsection 995‑1(1)
Insert:

Solvency Standard means:
 (a) for a *life insurance company other than a *friendly society—Actuarial Standard 2.02 made by the Life Insurance Actuarial Standards Board for the purposes of section 65 of the Life Insurance Act 1995; or
 (b) for a life insurance company that is a friendly society—Actuarial Standard (Friendly Societies) 2.01 made by the Life Insurance Actuarial Standards Board for the purposes of section 65 of the Life Insurance Act 1995.