SCHEDULES
SCHEDULE 8FORM AND CONTENT OF ACCOUNTS PREPARED BY SMALL COMPANIES
PART IIACCOUNTING PRINCIPLES AND RULES
SECTION DFAIR VALUE ACCOUNTING
The fair value reserve
34F
1
The fair value reserve must be adjusted to the extent that the amounts shown in it are no longer necessary for the purposes of paragraph 34E(3) or (4).
2
The treatment for taxation purposes of amounts credited to or debited from the fair value reserve must be disclosed in a note to the accounts.