SCHEDULES

SCHEDULE 9Special Provisions for Banking Companies and Groups

PART I INDIVIDUAL ACCOUNTS

CHAPTER II ACCOUNTING PRINCIPLES AND RULES

FAIR VALUE ACCOUNTING

The fair value reserve

44F

(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 44E(3) or (4).

(2)

The treatment for taxation purposes of amounts credited or debited to the fair value reserve shall be disclosed in a note to the accounts.