Section IV: Commissions and acquisition costs to be amortised.

The amount of the difference between the mathematical provisions recorded in the balance sheet in accordance with Article L. 343-1 and the amount of mathematical provisions that would be recorded if acquisition charges were not taken into account in policyholders’ liabilities, as well as the calculation of deferred acquisition costs, must be able to be justified at any time to the Autorité de contrôle prudentiel et de résolution. Deferred acquisition…