refer clause (a) of sub-regulation (1) of regulation 5

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.... following assets shall be placed with value zero: (a) Movable and Immovable property excluding financial instruments and any other asset as may be specified by the Authority; (b) Agents' and Intermediaries' balances and outstanding premiums in India, to the extent they are not realised within a period of thirty days; (c) Agents' and Intermediaries' balances and outstand....

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....gulations and any instructions issued by the Authority in this regard. 2. STATEMENTOFADMISSIBLEASSETS Every IIO shall prepare a statement of admissible as sets in Form ALSM-L-A, as provided below: FORM ALSM-L-A STATEMENT OF ADMISSIBLE ASSETS As on 31stMarch 20XX Name of IIO: Registration Number: (All amounts in USD mn)   Particulars Policyholders A/c Shareh....

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....as per audited BS       I Advances and Other assets as per audited BS       J Total Current Assets as per audited BS = (H) + (I)       K Inadmissible Current assets identified under clause (1) of Schedule- I       L Policy Loans as per audited BS       ....

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....ment shall show the value of the above-mentioned categories of assets in accordance with Clause 1 hereinabove. # 'BS' indicates 'Balance Sheet' * 'Policyholders' asset' should include assets backing non unit liabilities of linked business. **'Assets held to cover linked liabilities' will include only assets backing unit liabilities. We certify that the statement has been p....