The International Accounting Standards and European Public Limited-Liability Company (Amendment etc.) (EU Exit) Regulations 2019

Amendments to the Friendly Societies Act 1992
This section has no associated Explanatory Memorandum

40.  In section 69A (duty to prepare individual accounts)(1)—

(a)in subsection (2)(b), for “international accounting standards” substitute “UK-adopted international accounting standards”;

(b)in subsection (3), for “international accounting standards” substitute “UK-adopted international accounting standards”;

(c)in subsection (4)(a), for “international accounting standards” substitute “UK-adopted international accounting standards”.

(1)

Section 69A was substituted, together with sections 69B to 69I, by S.I. 2005/2211; there are amending instruments but none is relevant.