Versions

 

CA-5.1.24

In order to take account of the acquisition expenses, the net premium to be valued for the purpose of Paragraph CA-5.1.22 above may be increased by an amount not greater than the equivalent, taken over the whole period of premium payments and calculated according to the rates of interest and rate of mortality and morbidity employed in valuing the contract, of 3.5 percent of the relevant capital sum under the contract.

Amended: January 2007