{
  "url": "https://openlegislation.uk/building-societies-accounts-and-related-provisions-regulations-1992/schedule-10/part-II/paragraph-1",
  "json_url": "https://openlegislation.uk/building-societies-accounts-and-related-provisions-regulations-1992/schedule-10/part-II/paragraph-1.json",
  "legislation": "uksi/1992/359",
  "legislation_title": "The Building Societies (Accounts and Related Provisions) Regulations 1992",
  "legislation_url": "https://openlegislation.uk/building-societies-accounts-and-related-provisions-regulations-1992",
  "path": "schedule/10/part/II/paragraph/1",
  "kind": "paragraph",
  "number": "1",
  "heading": null,
  "text": "n section B of Part I—\n(a) the summary review of the business shall comprise—\n(i) in the case of a single accounts society, a summary review of the business of the society during, and a commentary on its financial position at the end of, the relevant year, and\n(ii) in the case of a group accounts society, a summary review of the business of the society and its subsidiary undertakings during, and a commentary on their financial position at the end of, the relevant year;\n(b) the summary review of events shall comprise a summary review of the events during the relevant year considered by the directors of the society to have an important effect—\n(i) in the case of a single accounts society, on the society, and\n(ii) in the case of a group accounts society, on the society and its subsidiary undertakings; and\n(c) the summary indication of likely developments shall comprise a summary indication of the opinion of the directors of the society as to the developments considered by them to be likely to happen—\n(i) in the case of a single accounts society, in the business of the society, and\n(ii) in the case of a group accounts society, in the business of the society and its subsidiary undertakings.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [
    {
      "type": "substituted",
      "affecting": "uksi/1995/3065",
      "affecting_title": "The Building Societies (Accounts and Related Provisions) (Amendment) Regulations 1995"
    }
  ],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/1992/359/schedule/10/part/II/paragraph/1",
    "retrieved_at": "2026-10-29T14:28:48.730066+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}