SCHEDULES
SCHEDULE 8FORM AND CONTENT OF ACCOUNTS PREPARED BY SMALL COMPANIES
PART II ACCOUNTING PRINCIPLES AND RULES
SECTION DFAIR VALUE ACCOUNTING
The fair value reserve
34F
(1)
The fair value reserve must be adjusted to the extent that the amounts shown in it are no longer necessary for the purposes of paragraph 34E(3) or (4).
(2)
The treatment for taxation purposes of amounts credited or debited to the fair value reserve must be disclosed in a note to the accounts.