The Registered Housing Associations (Accounting Requirements) (Scotland) Order 1993

Charges

20.—(1) Particulars of any charge on the assets of the association to secure the liabilities of any other person, including where practicable, the amount secured.

(2) The following information shall be given with respect to any other contingent liability not provided for—

(a) the amount or estimated amount of that liability;

(b) its legal nature; and

(c) whether any security has been provided by the association in connection with that liability and if so what.

(3) There shall be stated, where practicable—

(a) the aggregate amount or estimated amount of contracts for capital expenditure, so far as not provided for; and

(b) the aggregate amount or estimated amount of capital expenditure authorised by directors which has not been contracted for.

(4) Particulars shall be given of—

(a) any pension commitments included under any provision shown in the association’s balance sheet;

(b) any such commitments for which no provisions have been made; and

(c) any pension commitment relating to past directors of an association.

(5) Particulars shall also be given of any other financial commitments which—

(a) have not been provided for; and

(b) are relevant to assessing the association’s state of affairs in relation to its housing activities.