# The Overseas Companies Regulations 2009, Paragraph 11


(1) The institution is presumed to be carrying on business as a going concern.
(2) If the accounts are not prepared on a going concern basis, that fact shall be disclosed, together with the basis on which the accounts are prepared and the reason why the institution is not a going concern.

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Source: https://www.legislation.gov.uk/ukdsi/2009/9780111479476/schedule/6/paragraph/11 (the official version)
Page: https://openlegislation.uk/draft-overseas-companies-regulations-2009/schedule-6/paragraph-11
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.