This section has no associated Explanatory Memorandum
6.—(1) Subject to sub-paragraph (2), the directors may exclude an item in the balance sheet or profit and loss account if there is no amount to be shown for that item for the financial year to which the balance sheet or the profit and loss account relates.
(2) Where an amount can be shown for the item in question for the immediately preceding financial year that amount must be shown under the line item for that item.