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

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

(1) The following provisions apply where an undertaking becomes a subsidiary undertaking of the society.
(2) That event is referred to in those provisions as an “acquisition”, and references to the “undertaking acquired” shall be construed accordingly.

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Source: https://www.legislation.gov.uk/uksi/1998/504/schedule/4/paragraph/6 (the official version)
Page: https://openlegislation.uk/building-societies-accounts-and-related-provisions-regulations-1998/schedule-4/paragraph-6
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.