SCHEDULES
F1SCHEDULE 10BDisclosures about related undertakings required in note to accounts
Annotations:
Amendments (Textual)
PART 1Societies not required to prepare consolidated group accounts
Subsidiary undertakings
1
1
The following information must be given where at the end of the financial year the society has subsidiary undertakings but is not required to prepare consolidated group accounts.
2
The name of each subsidiary undertaking shall be stated.
3
There must be stated with respect to each subsidiary undertaking–
a
if it is incorporated outside the United Kingdom, the country in which it is incorporated;
b
if it is unincorporated, the address of its principal place of business.
4
The specific reason why each subsidiary undertaking is not required to be included in consolidated group accounts must be stated.
Schs. 10A, 10B inserted (22.12.2004) (with effect in accordance with art. 1(2) of the amending S.I.) by The Building Societies Act 1986 (International Accounting Standards and Other Accounting Amendments) Order 2004 (S.I. 2004/3380), art. 1, Sch. para. 9