# The Building Societies (Accounts and Related Provisions) Regulations 1998, Paragraph 6

Extent: E+W+S+N.I.

(a) Asset item D in each of Parts I and II shall comprise—
(i) development costs;
(ii) concessions, patents, licences, trade marks and similar rights and assets;
(iii) goodwill; and
(iv) payments on account relating to intangible fixed assets.
(b) Amounts shall be included in respect of the assets mentioned in sub-paragraph (a)(ii) only if they were acquired for valuable consideration or if they were created by the society or by a subsidiary undertaking.
(c) Amounts representing goodwill shall be included only to the extent that the goodwill was acquired for valuable consideration.
(d) There shall be disclosed, in a note to the accounts the amount of any goodwill included in Asset item D in each of Parts I and II.

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Source: https://www.legislation.gov.uk/uksi/1998/504/schedule/2/paragraph/6 (the official version)
Page: https://openlegislation.uk/building-societies-accounts-and-related-provisions-regulations-1998/schedule-2/paragraph-6
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.