# The Bank Accounts Directive (Miscellaneous Banks) Regulations 1991, Regulation 8: Transitional provisions


(1) The directors of a body of persons to which these Regulations apply need not prepare accounts in accordance with Regulation 4 with respect to a financial year of the body commencing on a date prior to 23rd December 1992.
(2) Where advantage is taken of paragraph (1), Regulation 5 shall not apply.

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Source: https://www.legislation.gov.uk/uksi/1991/2704/regulation/8 (the official version)
Page: https://openlegislation.uk/bank-accounts-directive-miscellaneous-banks-regulations-1991/regulation-8
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.