# The Building Societies (Accounts and Related Provisions) Regulations 1987, Regulation 5: Notes to annual accounts


(1) The annual accounts of any single accounts society shall, subject to paragraph (5) below, include notes to them containing the material specified, set out in the manner specified, in Schedule 4 below, as well as the notes required to be included by other provisions of these Regulations.
(2) The annual accounts of any group accounts society shall, subject to paragraph (5) below and any provision in Schedule 4 below which indicates otherwise, include notes to them containing—
(a) in respect of the society, and
(b) in respect of the society and its relevant subsidiaries in combination,
the material specified, set out in the manner specified, in Schedule 4 below, as well as the notes required to be included by other provisions of these Regulations.
(3) For the purposes of paragraph (2)(b) above—
(a) any reference in a relevant provision of Schedule 4 below to a society shall be taken as a reference to the society and its relevant subsidiaries in combination, and
(b) each associated body of the society which is not a relevant subsidiary shall be treated as an associated body of theirs.
(4) In paragraph (3) above “relevant provision” means, in relation to Schedule 4 below, a provision thereof other than paragraphs 4 and 21.
(5) Paragraphs (1) and (2) above are not to be read as prohibiting the disclosing of any material in the notes to the annual accounts in greater detail than is required by these Regulations.

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Source: https://www.legislation.gov.uk/uksi/1987/2072/regulation/5 (the official version)
Page: https://openlegislation.uk/building-societies-accounts-and-related-provisions-regulations-1987/regulation-5
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.