This section has no associated Explanatory Memorandum
12. Accounting policies [F1and measurement bases] must be applied consistently within the same accounts and from one financial year to the next.U.K.
Textual Amendments
F1Words in Sch. 1 Pt. 2 s. A para. 12 inserted (with effect in accordance with reg. 2(2)-(5) of the amending S.I.) by The Limited Liability Partnerships, Partnerships and Groups (Accounts and Audit) Regulations 2016 (S.I. 2016/575), regs. 2(1), 52(a)