OpenLegislation

Paragraph 18

Original text. Later amendments are not shown.

(1)

This paragraph applies to liquid assets within a relevant category in a balance sheet (that is to say item 1(b), 1(c)(i) or 1(c)(ii)).

(2)

The balance sheet shall show liquid assets within a relevant category at cost (whether or not adjusted), at market value or at a combination of the two.