Article 42U.K.
[F1Provisions may not exceed in amount the sums which are necessary.]
The provisions shown in the balance sheet under ‘Other provisions’ must be disclosed in the notes on the accounts if they are material.
Textual Amendments
F1 Substituted by Directive 2003/51/EC of the European Parliament and of the Council of 18 June 2003 amending Directives 78/660/EEC, 83/349/EEC, 86/635/EEC and 91/674/EEC on the annual and consolidated accounts of certain types of companies, banks and other financial institutions and insurance undertakings (Text with EEA relevance).