# Building Societies Act 1986, Section 80: Signing of balance sheet: documents to be annexed.

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

(1) Every balance sheet of a building society shall be signed by one director on behalf of the board of directors ....
(2) The income and expenditure account, . . . and the annual business statement shall be annexed to the balance sheet, and so shall any group accounts; and the auditor’s report shall be attached to it.
(3) The income and expenditure account, . . . and the annual business statement shall be approved by the board of directors before the balance sheet is signed on their behalf, and so shall any group accounts; and the date of their approval of those documents shall be endorsed on the balance sheet.
(4) The directors’ report shall be attached to the balance sheet.
(5) If a balance sheet has not been signed as required by subsection (1) above, and a copy of it is issued, circulated or published, the building society shall be liable on summary conviction to a fine not exceeding level 3 on the standard scale and so shall any officer who is also guilty of the offence.
(6) If any copy of a balance sheet is issued, circulated or published—
(a) without having annexed to it a copy of the income and expenditure account, or
(b) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(c) without having annexed to it a copy of the annual business statement, or
(d) without having attached to it a copy of the auditor’s report, or
(e) without having attached to it a copy of the directors’ report,
the building society shall be liable on summary conviction to a fine not exceeding level 3 on the standard scale and so shall any officer who is also guilty of the offence.

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Source: https://www.legislation.gov.uk/ukpga/1986/53/section/80 (the official version)
Page: https://openlegislation.uk/building-societies-act-1986/section-80
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.