{
  "url": "https://openlegislation.uk/companies-partnerships-and-groups-accounts-and-reports-no-2-regulations-2015/regulation-4",
  "json_url": "https://openlegislation.uk/companies-partnerships-and-groups-accounts-and-reports-no-2-regulations-2015/regulation-4.json",
  "legislation": "uksi/2015/1672",
  "legislation_title": "The Companies, Partnerships and Groups (Accounts and Reports) (No. 2) Regulations 2015",
  "legislation_url": "https://openlegislation.uk/companies-partnerships-and-groups-accounts-and-reports-no-2-regulations-2015",
  "path": "regulation/4",
  "kind": "regulation",
  "number": "4",
  "heading": "Amendments to Schedules 1, 2 and 3 to the Large and Medium-sized Companies Accounts Regulations",
  "text": "(1) Schedule 1 (Companies Act individual accounts: companies which are not banking or insurance companies) to the Large and Medium-sized Companies Accounts Regulations is amended in accordance with paragraph (2).\n(2) In Section B of Part 2 (accounting principles and rules: historical cost accounting rules), in paragraph 20 (fixed assets: rules for depreciation and diminution in value), after sub-paragraph (1) insert—\n“(1A) But provision made in accordance with paragraph 19(2) in respect of goodwill must not be written back to any extent.”.\n(3) Schedule 2 (banking companies: Companies Act individual accounts) to those Regulations is amended in accordance with paragraph (4).\n(4) In Section B of Part 2 (accounting principles and rules: historical cost accounting rules), in paragraph 26 (fixed assets: rules for depreciation and diminution in value), after sub-paragraph (1) insert—\n“(1A) But provision made in accordance with paragraph 25(3) in respect of goodwill must not be written back to any extent.”.\n(5) Schedule 3 (insurance companies: Companies Act individual accounts) to those Regulations is amended in accordance with paragraph (6).\n(6) In Section D of Part 2 (accounting principles and rules: historical cost accounting rules), in paragraph 39 (valuation of assets: general rules), after sub-paragraph (1) insert—\n“(1A) But provision made in accordance with paragraph 38(2) or (3) in respect of goodwill must not be written back to any extent.”.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "footnote",
      "label": "f1",
      "text": "Paragraph 20 was amended by regulation 28 of S.I. 2015/980."
    },
    {
      "type": "footnote",
      "label": "f2",
      "text": "Paragraph 26 was amended by regulation 32 of S.I. 2015/980."
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/2015/1672/regulation/4",
    "retrieved_at": "2026-10-28T23:32:27.038001+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}