STANDARDISATION OF PF2 CONTRACTS PROVISION

SOURCE OF CHANGE WHERE RELEVANT

EXPLANATION OF HOW PROVISION HAS CHANGED THE SoPC4 POSITION

Chapter 25: Treatment of Assets on Termination and Expiry

Section 25.3 (Preserving the Condition of the Assets on Expiry)

Market update

This follows SoPC4 section 20.3 save that 20.3.1 has been deleted.  

Sections 25.5.7 to  25.5.10 (Transfer of Residual Value Risk)

Market update

Guidance on Residual Value has been up-dated.