Paragraph 7 Miscellaneous matters

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

(1)

Where any amount relating to any preceding financial year is included in any item in the income and expenditure account, the effect of that inclusion shall be stated.

(2)

Particulars shall be given of any extraordinary profits or losses arising in the financial year.

(3)

The effect shall be stated of any transactions that are exceptional by virtue of size or incidence though they fall within the ordinary activities of the society.