1. Introductory Text

  2. 1.(1) These Regulations may be cited as the Industrial and...

  3. 2.(1) Subject to paragraph (2) of this regulation, the group...

  4. 3.The consolidated balance sheet and income and expenditure account shall...

  5. 4.Group accounts, if prepared in accordance with paragraph (1) of...

  6. 5.Where, pursuant to paragraph (2) of regulation 2, a balance...

  7. 6.In these Regulations— “committee” has the meaning assigned to it...

  8. Signature

    1. SCHEDULE

      1. PART I GENERAL PROVISIONS AS TO BALANCE SHEET

        1. 1.The balance sheet shall, subject to paragraph 15 of this...

        2. 2.The amount paid up on the shares of the society...

        3. 3.(1) The reserves, provisions, liabilities and assets shall be classified...

        4. 4.There shall be shown under separate headings—

        5. 5.If an amount is set aside for the purpose of...

        6. 6.Where any liability of the society or its subsidiaries is...

        7. 7.Subject to paragraph 8 of this Schedule, the following matters...

        8. 8.The matters referred to in sub-paragraphs (d), (f), (i) and...

      2. PART II GENERAL PROVISIONS AS TO REVENUE ACCOUNT

        1. 9.The revenue account shall, subject to paragraph 15 of this...

        2. 10.There shall be shown— (a) the amount charged to revenue...

        3. 11.If, in the case of any assets in whose case...

        4. 12.The amount of the fees and expenses paid to the...

        5. 13.The amount of the remuneration of the auditors of the...

        6. 14.The following matters shall be stated by way of note...

      3. PART III EXCEPTIONS FOR INSURANCE SOCIETIES

        1. 15.A society which is an insurance company to which the...

      4. PART IV INTERPRETATION OF SCHEDULE

        1. 16.(1) For the purposes of this Schedule, unless the context...

        2. 17.For the purposes aforesaid, “quoted investment” means an investment as...

        3. 18.For the purposes aforesaid, “subsidiaries” means subsidiaries which are to...

        4. 19.For the purposes of paragraph 12 of this Schedule, “expenses”...

        5. 20.In the application of this Schedule to Scotland “land of...

  10. Explanatory Note