Article 11, Paragraph 4. · Commission Delegated Regulation (EU) 2022/2114

Contents

1. The total of liquid assets referred to in Article 9 and th…
2. However, where a valuation at such date would not accurate…
3. For the purpose of paragraph 2, a more recent date may be…
4. The net annual income referred to in Article 8 shall be th…

4.The net annual income referred to in Article 8 shall be the income of the calendar year preceding the year in which the simulation is performed. However, where the valuation of the total of liquid assets and annual financial commitments is performed using a more recent date pursuant to paragraph 2 of this Article, the net annual income shall be the income received during the 12 months preceding such more recent date.