| Valuation of assets and liabilities |
| 7. The value or amount stated for any asset or liability in any document that an insurer is required to lodge under these Regulations (other than regulation 3(4), (5) and (6)) shall be the value or amount as determined in accordance with any applicable valuation regulation under the Insurance Regulations (Rg 1) or the Insurance (Investment-Linked Life Insurance) Regulations (Rg 4). [S 31/2004 wef 21/01/2004] |