Part VIII Accounts and Audit
Accounts
F172CForm and contents of Building Societies Act individual accounts
(1)
The Treasury shall by regulations make provision with respect to the form and contents of Building Societies Act individual accounts.
(2)
The Treasury may by regulations make provision with respect to additional information to be contained in Building Societies Act individual 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;
(4)
The power to make regulations under this section is exercisable by statutory instrument subject to annulment in pursuance of a resolution of either House of Parliament.