SCHEDULES

[F1 SCHEDULE 13E U.K. Disclosures about related undertakings

Textual Amendments

F1 Sch. 13E inserted (with effect in accordance with art. 1(2) of the amending S.I.) by The Friendly Societies Act 1992 (International Accounting Standards and Other Accounting Amendments) Order 2005 (S.I. 2005/2211), art. 1(2), Sch. para. 6

PART 2 U.K. Societies required to prepare consolidated accounts

Jointly controlled bodies U.K.

12. (1) The following information must be given where a body corporate included in the consolidation has an interest in a jointly controlled body. U.K.

(2) The name of the jointly controlled body must be stated.

(3) There must be stated—

(a) if the body corporate is incorporated outside the United Kingdom, the country in which it is incorporated; and

(b) if it is incorporated in the United Kingdom, whether it is registered in England and Wales, Scotland or in Northern Ireland.

(4) The following information must be given with respect to the shares of the jointly controlled body held—

(a) by the society; and

(b) by the group,

and the information required under paragraphs (a) and (b) must (if different) be given separately.

(5) There must be stated—

(a) the identity of each class of shares in the jointly controlled body held; and

(b) the proportion of the nominal value of the shares of that class represented by those shares.]