# Companies Act 1985, Paragraph 5

Extent: E+W+S

Amounts in respect of items representing assets or income may not be set off against amounts in respect of items representing liabilities or expenditure (as the case may be), or vice versa.

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Source: https://www.legislation.gov.uk/ukpga/1985/6/schedule/8/paragraph/5 (the official version)
Page: https://openlegislation.uk/companies-act-1985/schedule-8/paragraph-5
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.