SCHEDULE 1 U.K.Consequential amendments and transitional provision relating to the adoption of international accounting standards in the United Kingdom

PART 1 U.K.Amendments to Primary Legislation

CHAPTER 2 U.K.Amendments to other primary legislation

37.  In Schedule 10B (disclosures about related undertakings required in note to accounts) M1 , in— U.K.

(a) paragraph 3(3)(b) (financial information about subsidiary undertakings),

(b) paragraphs 6(4)(b) and 7(4)(b) (significant holdings in undertakings other than subsidiary undertakings: information requirements),

(c) paragraph 11(3)(b) (financial information about subsidiary undertakings not included in the consolidation) and

(d) paragraphs 14(4)(b), 15(3)(b), 17(4)(b) and 18(3)(b) (other significant holdings of society or group: information requirements),

for “international accounting standards” substitute “ UK-adopted international accounting standards ”.

Commencement Information

I1 Sch. 1 para. 37 in force on IP completion day (in accordance with 2020 c. 1, Sch. 5 para. 1(1)), see reg. 1(2)

Marginal Citations

M1 Schedule 10B was inserted by S.I. 2004/3380; there are amending instruments but none is relevant.