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New version applies from 01/07/2013 — introduced by Council Directive 2013/23/EU. 67 provisions change. Later versions: 01/01/2016. Recital 36 changes in this version: compare with the current text.

Recital 36

Recital 36

(36)It is desirable, in the interests of prudence, to establish a minimum of coordination of rules limiting the rate of interest used in calculating the technical provisions. For the purposes of such limitation, since existing methods are all equally correct, prudential and equivalent, it seems appropriate to leave Member States a free choice as to the method to be used.

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