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Subparagraph CA-1.2.17 (g) does not apply if the insurance firmG has obtained an external legal opinion confirming that a degree of subordination has been achieved under the law that governs the debt and the agreement that is equivalent to that which would have been provided under the laws of Bahrain.

Amended: January 2007
(2 Versions)
Up to Jun 30 2007Jul 1 2007 onwards
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