..., if applicable, where the guaranteed annuity portion should not be less than the Minimum Guaranteed Portion shown in the table below: Minimum Guaranteed Portion x < 30 70% 30 ≤ x < 40 60% x ≥ 40 50% Where x = total number of years between (i) the commencement of accumulation period (i.e. premium...

... than three years as shown in the table below. Proposed Phased Increase in Minimum Paid-up Share Capital and Net Assets (Public Consultation) From commencement date of the new regime to 31 December 2020 $100,000 From 1 January 2021 to 31 December 2022 $300,000 From 1 January 2023 onwards $500,000 19....