Progetto

(c) as a refund of a previously paid premium (less cost of insurance charges whether or not

actually imposed) under an Insurance Contract (other than an investment-linked life insurance or annuity contract) due to cancellation or termination of the contract,

decrease in risk exposure during the effective period of the contract, or arising from the correction of a posting or similar error with regard to the premium for the contract;

(d) as a policyholder dividend (other than a termination dividend) provided that the

dividend relates to an Insurance Contract under which the only benefits payable are described in subparagraph C(8)(b); or

(e) as a return of an advance premium or premium deposit for an Insurance Contract for

which the premium is payable at least annually if the amount of the advance premium or premium deposit does not exceed the next annual premium that will be payable under the contract.

9. The term "Preexisting Account" means:

(a) a Financial Account maintained by a Reporting Financial Institution as of 31 December

preceding the entry into force of the Amending Protocol ...^∗.

^∗OJ: please insert the date of signature of this Amending Protocol.

AMP/EU/CH/en 67