F1SCHEDULE 10BDisclosures about related undertakings required in note to accounts
PART 2Societies required to prepare consolidated group accounts
Other significant holdings of society or group
17.
(1)
The name of the undertaking must be stated.
(2)
There must be stated–
(a)
if the undertaking is incorporated outside the United Kingdom, the country in which it is incorporated; and
(b)
if it is unincorporated, the address of its principal place of business.
(3)
There must also be stated–
(a)
the identity of each class of shares in the undertaking held by the group; and
(b)
the proportion of the nominal value of the shares of that class represented by those shares.
(4)
Information otherwise required by this paragraph need not be given if it is not material—
(a)
for the purpose of giving a true and fair view for the society and its subsidiary undertakings as a whole, of the matters set out in section 72F(2);
(b)
in the case of IAS accounts, to the requirement under international accounting standards that such accounts achieve a fair presentation.