SCHEDULE 2BANKING COMPANIES: COMPANIES ACT INDIVIDUAL ACCOUNTS

PART 3NOTES TO THE ACCOUNTS

Information supplementing the balance sheet

Details of assets charged76

1

There must be disclosed, in relation to each liabilities and memorandum item of the balance sheet format—

a

the aggregate amount of any assets of the company which have been charged to secure any liability or potential liability included under that item,

b

the aggregate amount of the liabilities or potential liabilities so secured, and

c

an indication of the nature of the security given.

2

Particulars must also be given of any other charge on the assets of the company to secure the liabilities of any other person, including, where practicable, the amount secured.