GIM - Recent changes to this manual
Below are details of the amendments that were published on 4
May 2007 (see the
update index for all updates).
| Section | Title and details of update |
| GIM2050 | Accounting framework:
Association of British Insurers: Statements of Recommended Practice
1990, 1998, 2003 and 2005
This paragraph now includes information about the December 2005 Statement of Recommended Practice (on Accounting for Insurance Business) |
| GIM2125 | Accounting framework:
annual accounting: provision for costs of running-off business
New paragraph |
| GIM2140 | Accounting framework:
funded accounting: general and the transition to annual accounting
This paragraph now includes information about the transition from funded accounting to annual accounting |
| GIM6150 | Technical provisions:
periods of account beginning on or after 1 January 2000: section
107 FA2000: introduction
This paragraph includes an update about the possible repeal of section 107 of Finance Act 2000 |
| GIM6250 | Technical provisions:
periods of account beginning on or after 1 January 2000: General
Insurance Reserves (Tax) Regulations: discounting
The table in this paragraph has been updated to show the discount rates for accounting periods ending 31 December 2006 |
