Regulation 11 Amendment of Small Companies Accounts Regulations

(1)

The Small Companies and Groups (Accounts and Directors’ Report) Regulations 2008^f1 are amended as follows.

(2)

In regulation 12 (definition of “provisions”)—

(a)

omit “and” at the end of paragraph (b), and

(b)

at the end of paragraph (c) insert—

“, and

(d)
section 841(2)(a) (Companies Act accounts: provisions to be treated as realised losses) in that Part.”.

(3)

After paragraph 5 of Schedule 7 (interpretation of term “provisions”) insert—

“Realised losses

6.

The specified provisions for the purposes of section 841(2)(a) of the 2006 Act (Companies Act accounts: treatment of provisions as realised losses) are provisions of any of the kinds mentioned in paragraphs 1 and 2 of this Schedule.”.

Annotations

Footnotes

f1: S.I. 2008/409.