Paragraph 18 Maturity analysisI1

United Kingdom

(1)

A society shall disclose the aggregate of each of Asset items A.3(b) and B and Liability items A, B(b) and C(b) in Parts I and II of Schedule 2, broken down into amounts repayable with remaining maturity of—

(a)

not more than three months;

(b)

more than three months but not more than one year;

(c)

more than one year but not more than five years; and

(d)

more than five years.

(2)

These shall also be shown—

(a)

for Asset item B in Parts I and II of Schedule 2, loans and advances on call and at short notice; and

(b)

for Liability item A in Parts I and II of Schedule 2, shares repayable on demand.

(3)

The aggregate of amounts classifiable in the balance sheet as Asset item A.4 and Liability item D in Parts I and II of Schedule 2 shall be shown on the basis of remaining maturity as follows—

(a)

not more than one year; and

(b)

more than one year.

(4)

For the purposes of sub-paragraphs (1) and (2), where a loan or advance is repayable by instalments, each such instalment shall be treated as a separate amount.

Annotations

Commencement

I1: Sch. 5 para. 18 in force at 27.3.1998, see reg. 1