# The Building Societies (Accounts and Related Provisions) Regulations 1992, Paragraph 17: General rules


(1) Without prejudice to paragraph 3(6)(c) of Part III of Schedule 2, amounts in respect of items representing assets or income may not be set off against amounts in respect of items representing as the case may be liabilities or expenditure, or vice versa.
(2) Charges required to be included in items 8(a) and 8(b) in Parts I and II of Schedule 1 may, however, be set off against income required to be included in items 9(a) and 9(b) of Parts I and II of that Schedule and the resulting figure shown as a single item.
(3) Charges required to be included in item 10 in Parts I and II of Schedule 1 may also be set off against income required to be included in item 11 in Parts I and II of Schedule 1 and the resulting figure shown as a single item.

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Source: https://www.legislation.gov.uk/uksi/1992/359/schedule/7/paragraph/17 (the official version)
Page: https://openlegislation.uk/building-societies-accounts-and-related-provisions-regulations-1992/schedule-7/paragraph-17
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.