# Companies Act 1985, Paragraph 44F

Extent: E+W+S

(1) The fair value reserve must be adjusted to the extent that the amounts shown in it are no longer necessary for the purposes of paragraph 44E(3) or (4).
(2) The treatment for taxation purposes of amounts credited or debited to the fair value reserve shall be disclosed in a note to the accounts.

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Source: https://www.legislation.gov.uk/ukpga/1985/6/schedule/9/paragraph/44F (the official version)
Page: https://openlegislation.uk/companies-act-1985/schedule-9/paragraph-44F
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.