# Companies Act 1985, Paragraph 12: Deferred acquisition costs

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

The costs of acquiring insurance policies which are incurred during a financial year but which relate to a subsequent financial year shall be deferred in a manner specified in Note (17) on the balance sheet format.

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Source: https://www.legislation.gov.uk/ukpga/1985/6/schedule/9A/paragraph/12 (the official version)
Page: https://openlegislation.uk/companies-act-1985/schedule-9A/paragraph-12
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.