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Paragraph 50 Equalisation reservesF1

United Kingdom

The amount of any equalisation reserve maintained in respect of general business, in accordance with rules made by the Financial Services Authority under Part X of the Financial Services and Markets Act 2000, shall be determined in accordance with such rules.

Annotations

Textual amendments

F1

Sch. 9A Pt. I para. 50 and heading substituted (23.12.1996) by S.I. 1996/946, art. 13

Notes on Schedule 9A

Textual amendments

F1

Sch. 9A repealed (6.4.2008) by Companies Act 2006 (c. 46), ss. 1295, 1300, Sch. 16; S.I. 2007/3495, art. 8(a), Sch. 2 Pt. 1 (with arts. 7, 12)

F2

Sch. 9A substituted (19.12.1993) by virtue of S.I. 1993/3246, regs. 4, 6, 7, Sch. 1