The Small Limited Liability Partnerships (Accounts) Regulations 2008 No. 1912

SCHEDULE 4 U.K. GROUP ACCOUNTS

PART 1 U.K. FORM AND CONTENT OF NON-IAS GROUP ACCOUNTS

Acquisition and merger accounting U.K.

7.—(1) The following provisions apply where an undertaking becomes a subsidiary undertaking of the parent LLP.

(2) That event is referred to in those provisions as an “acquisition”, and references to the “undertaking acquired” are to be construed accordingly.