C1C2Part VIII Accounts and Audit

Annotations:
Modifications etc. (not altering text)
C1

Pt. VIII (ss. 71–82) excluded by S.I. 1986/2168, art. 12(1)(a)

C2

Pt. VIII (ss. 71–82) modified (temp.until 1.1.1993) by S.I. 1990/1392, art. 6(3)

Accounts

72GF1Form and contents of Building Societies Act group accounts

1

The Treasury shall by regulations make provision with respect to the form and contents of Building Societies Act group accounts.

2

The Treasury may by regulations make provision with respect to additional information to be contained in Building Societies Act group accounts, whether in the form of notes or otherwise.

3

Without prejudice to the generality of subsections (1) and (2), the regulations may—

a

prescribe accounting principles and rules;

b

require corresponding information for a preceding financial year;

c

make different provision for different descriptions of society;

d

permit group accounts to be prepared in other than consolidated form.

4

The power to make regulations under this section is exercisable by statutory instrument which shall be subject to annulment in pursuance of a resolution of either House of Parliament.