PRU 3.19.4

Past version: effective from 20/02/2020 - 19/02/2020
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An Authorised Person must:

(a) in subsequently taking any of the actions described in Rule 3.19.3(b)(i) and (ii), after having calculated the maximum distributable amount and notified the Regulator, ensure that it distributes no more than its calculated maximum distributable amount; and
(b) prepare and submit a capital conservation plan pursuant to Rule 3.19.9.