future discretionary benefits

Definitions over time (1)

1. 02/04/2016 – 01/01/2020 Article 1, Commission Delegated Regulation (EU) 2015/35 Scope: Whole act

   For the purposes of this Regulation, the following definitions shall apply:

   ‘future discretionary bonuses’ and ‘future discretionary benefits’ mean future benefits other than index-linked or unit-linked benefits of insurance or reinsurance contracts which have one of the following characteristics:

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