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PIN 5.3.1 Guidance

The exceptions provided in this chapter relate to the following:

a. specific Rules in respect of certain assets and liabilities, intended to achieve a regulatory objective not achieved by application of either or both of the bases of accounting set out in PIN Rule 5.3.2;
b. assets and liabilities that are not dealt with in either or both of the bases of accounting set out in PIN Rule 5.3.2; and
c. the overriding power of the DFSA, set out in PIN Rule 5.1.6, to require an Insurer to adopt a particular measurement for a specific asset or liability.

Derived from DFSA RM06/2004 (Made 16th September 2004). [VER1/09-04]