# The Building Societies (Accounts and Related Provisions) Regulations 1998, Paragraph 16: Interests in subsidiary undertakings excluded from consolidation

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

The interest of the society in subsidiary undertakings excluded from consolidation under regulation 4(5), and the amount of income or expenditure attributable to such an interest, shall be shown in the consolidated balance sheet or, as the case may be, in the consolidated income and expenditure account by the equity method of accounting (and this shall include dealing with any goodwill arising in accordance with paragraphs 8 to 10 and 12 of Schedule 7).

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Source: https://www.legislation.gov.uk/uksi/1998/504/schedule/4/paragraph/16 (the official version)
Page: https://openlegislation.uk/building-societies-accounts-and-related-provisions-regulations-1998/schedule-4/paragraph-16
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.