Paragraph 18 Subordinated liabilities

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

Sch.4, para 3 revoked by Building Societies (Accounts and Related Provisions) 1991
Sch.4, para 4(19) added by Building Societies (Accounts and Related Provisions) 1991
Sch.4, paras 5(2), 6(1) amended by Building Societies (Accounts and Related Provisions) 1991
Sch.4, para 17(4) added by Building Societies (Accounts and Related Provisions) 1991

Details of the terms of subordinated liabilities included in the balance sheet shall be given, and the reason for the issue of any instrument by which those liabilities were incurred shall be given in the financial year of the issue.