A traded derivative contract that is a listed security, for a share or a debenture must be valued at the closing market quotation, and otherwise at the amount which would reasonably be paid by way of consideration for an immediate transfer or assignment thereof. If the value of the contracts in any one company or its connected companies exceeds 0.1% of the insurance business amount, the admissible value of the said assets for the purpose of this Chapter must be restricted to 0.1% of the insurance business amount.
Amended: January 2007