Regulation 13I
Deposits withheld by cedants
of Insurance (Lloyd’s Asia Scheme) Regulations
Subsidiary LegislationIn forceProvision 29 of 44
Regulation 13I
Amended byS 814/2004 wef 01/01/2005
A Service Company shall value deposits withheld by cedants by aggregating the amounts of deposits outstanding after deducting any amount deemed uncollectible from the cedant.