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Paragraph 7

Changes not yet applied. Later legislation changes this provision in ways not yet written into the text below:

Amounts in respect of assets shall be included in Asset item 5(a)(i) in Part I above (or, as the case may be, 6(a)(i) in Part II above) only if either—

(a)

the assets were acquired for valuable consideration and are not required to be shown under goodwill, or

(b)

the assets in question were created by the society (or, as the case may be, the society or a relevant subsidiary).