PIN A5.4.2

The following items must be added to base non-cellular capital, to the extent that the Insurer has excluded them in determining its base non-cellular capital:

(a) any minority interests in companies that are Subsidiaries of the Insurer, where the Insurer's interest in those companies constitutes a Non-Cellular Asset of the Insurer; and
(b) any amount in respect of dividends to be paid by the Insurer in the form of shares other than Cell Shares.

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