Distribution of assets - allocation ratio
99.991 The allocation ratio referred to in paragraph 99.98(2)(d) is calculated as follows:
(a)
if there are sufficient funds to pay all amounts due under paragraphs 99.98(2)(
a), (
b), (
c), and (
d), the ratio is 1;
(b)
if there are insufficient funds to allocate fully, but sufficient funds to allocate partly the amounts provided for under paragraph 99.98(2)(
d), the ratio is the percentage required to allocate the remaining funds; and
(c)
if there are no funds remaining after making the allocation due under paragraphs 99.98(2)(
a), (
b) and (
c), the ratio is 0.