{
  "url": "https://openlegislation.uk/building-societies-accounts-and-related-provisions-regulations-1992/schedule-5/paragraph-15",
  "json_url": "https://openlegislation.uk/building-societies-accounts-and-related-provisions-regulations-1992/schedule-5/paragraph-15.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/5/paragraph/15",
  "kind": "paragraph",
  "number": "15",
  "heading": "Other income and expenditure items",
  "text": "(1) In respect of interest receivable, the amount of interest derived from associated bodies shall be shown separately from interest derived from other sources.\n(2) In respect of interest payable, the amount payable to associated bodies shall be shown separately.\n(3) There shall be shown the amount charged in respect of sums payable in respect of the hire of plant, machinery, equipment, fixtures, fittings and vehicles.\n(4) There shall be shown the amount of the remuneration of the auditors, including any sums paid by the society in respect of the auditors' expenses.\n(5) There shall be shown the amount of any interest capitalised by the society in respect of development projects during the year, together with an indication of the amount and treatment of any related tax relief.\n(6) (a) Where any amount to be included in any of the items mentioned in paragraph (b) is material, particulars shall be given of such amounts together with an explanation of their nature.\n(b) The items referred to in paragraph (a) are—\n(i) in Part I of Schedule 1, items 4(a) to (c), 5(a) to (e), 15 and 16; and\n(ii) in Part II of Schedule 1, items 4(a)\nto (d), 5(a) to (e), 17 and 18.\n(7) There shall be shown in a note, with respect to each of the items of income mentioned below and included in the income and expenditure account formats in Schedule 1, the amount of income in respect of that item attributable to each of the geographical markets in which the society has operated during the financial year—\n(a) Item 1 in Parts I and II (Interest receivable and similar income)\n(b) Item 4 in Parts I and II (Income from associated bodies)\n(c) Item 5(a) in Parts I and II (Fees and commissions receivable)\n(d) Item 5(c) in Parts I and II (Net profit or loss on financial operations) and\n(e) Item 5(d) in Parts I and II (Other operating income)\n(8) In analysing the source of any income for the purpose of subparagraph (7), the directors shall have regard to the manner in which the society’s activities are organised.\n(9) For the purposes of subparagraph (7), markets which do not differ substantially from one another shall be treated as one market.\n(10) Where the directors consider that the disclosure of information required by subparagraph (7) would seriously prejudice the interests of the society, they need not disclose such information, but the fact that any such information has not been disclosed must be stated.\n(11) Any amounts charged to the income and expenditure account and representing costs, including interest payable, incurred during the year with respect to subordinated liabilities shall be stated.\n(12) Any amounts charged to the income and expenditure account and representing costs, including interest payable, incurred during the year with respect to subscribed capital, shall be stated.\n(13) Where management and agency services are provided by the society to third parties that fact shall be disclosed where the scale of such services is material in the context of the society’s business as a whole.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [
    {
      "type": "rev. in Pt.",
      "affecting": "uksi/1994/2459",
      "affecting_title": "The Building Societies (Accounts and Related Provisions) (Amendment) Regulations 1994"
    },
    {
      "type": "added",
      "affecting": "uksi/1994/2459",
      "affecting_title": "The Building Societies (Accounts and Related Provisions) (Amendment) Regulations 1994"
    },
    {
      "type": "amended",
      "affecting": "uksi/1994/2459",
      "affecting_title": "The Building Societies (Accounts and Related Provisions) (Amendment) Regulations 1994"
    },
    {
      "type": "replaced (by paras (4)(4A))",
      "affecting": "uksi/1994/2459",
      "affecting_title": "The Building Societies (Accounts and Related Provisions) (Amendment) Regulations 1994"
    },
    {
      "type": "added",
      "affecting": "uksi/1994/2459",
      "affecting_title": "The Building Societies (Accounts and Related Provisions) (Amendment) Regulations 1994"
    }
  ],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/1992/359/schedule/5/paragraph/15",
    "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."
}