Section 17

The value of quoted corporate bonds, including convertible bonds, shall be an amount not exceeding the aggregate book value of the bonds or the aggregate of the market value of the bonds, whichever is the lower.

Bonds that have been suspended by any stock exchange from trading in excess of 10 consecutive trading days at the date for which the value is to be determined shall be given zero value.

The value of unquoted corporate bonds shall be an amount not exceeding the book value of the bonds.

For the purpose of determining the book value of a bond, other than convertible bonds, the premium or discount on purchase of the bond in relation to 1084

its par value may be amortised over the remaining term of the bond to its maturity.

The value of bills of exchange accepted or endorsed by banks licensed under the Banking Act (Chapter 95), the Islamic Banking Act (Chapter 168) or any other financial institution approved by the Authority shall not exceed its cost.

Loans.