SCHEDULES
F2SCHEDULE 4AFORM AND CONTENT OF GROUP ACCOUNTS
Annotations:
Amendments (Textual)
Joint ventures
19
1
Where an undertaking included in the consolidation manages another undertaking jointly with one or more undertakings not included in the consolidation, that other undertaking ( “the joint venture”) may, if it is not—
a
a body corporate, or
b
a subsidiary undertaking of the parent company,
be dealt with in the group accounts by the method of proportional consolidation.
2
The provisions ofF3 this Schedule relating to the preparation of consolidated accounts apply, with any necessary modifications, to proportional consolidation under this paragraph.
1990 NI 5