325Restriction on credits resulting from reversal of disallowed debitsU.K.
This section has no associated Explanatory Notes
(1)No credit is to be brought into account for the purposes of this Part in respect of the reversal of a debit disallowed by section 324(1).
(2)This section does not apply if fair value accounting is used.
(3)See also paragraph 61 of Schedule 2 (restriction on bringing into account credits resulting from reversal of debits disallowed in a period of account beginning before 1 January 2005).