Introduction of cash basis defaultU.K.
3In section 25 (generally accepted accounting practice)—
(a)in subsection (1), after “trade” insert “to which the cash basis does not apply”;
(b)omit subsection (3).
3In section 25 (generally accepted accounting practice)—
(a)in subsection (1), after “trade” insert “to which the cash basis does not apply”;
(b)omit subsection (3).