1406 Any amount determined under section 1404 or 1405 shall be determined
(a) on a net of reinsurance ceded basis; and
(b) without reference to any liability in respect of a segregated fund (other than a liability in respect of a guarantee in respect of a segregated fund policy).
- [NOTE: Application provisions are not included in the consolidated text
- see relevant amending Acts and regulations.]
- SOR/79-425, s. 1
- SOR/99-269, s. 6
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