# The Building Societies (Accounts and Related Provisions) Regulations 1987, Paragraph 20


In any particular account, unless these Regulations otherwise require or permit, amounts in respect of items representing assets or income may not be set off against amounts in respect of items representing liabilities or expenditure (as the case may be), or vice versa.

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Source: https://www.legislation.gov.uk/uksi/1987/2072/schedule/5/paragraph/20 (the official version)
Page: https://openlegislation.uk/building-societies-accounts-and-related-provisions-regulations-1987/schedule-5/paragraph-20
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.