{
  "url": "https://openlegislation.uk/eu-regulation-2012-311/article-1",
  "json_url": "https://openlegislation.uk/eu-regulation-2012-311/article-1.json",
  "legislation": "eur/2012/311",
  "legislation_title": "Commission Delegated Regulation (EU) No 311/2012 of 21 December 2011 amending Regulation (EC) No 809/2004 implementing Directive 2003/71/EC of the European Parliament and of the Council as regards elements related to prospectuses and advertisements (Text with EEA relevance)",
  "legislation_url": "https://openlegislation.uk/eu-regulation-2012-311",
  "path": "article/1",
  "kind": "article",
  "number": "1",
  "heading": null,
  "text": "Article 35 of Regulation (EC) No 809/2004 is amended as follows:\n(1) in paragraph 5, the second subparagraph is added:\n‘In addition to standards referred to in the first subparagraph, from 1 January 2012, third country issuers may present their historical financial information in accordance with the following standards:\n(a) Generally Accepted Accounting Principles of the People’s Republic of China;\n(b) Generally Accepted Accounting Principles of Canada;\n(c) Generally Accepted Accounting Principles of the Republic of Korea.’\n(2) paragraph 5a is replaced by the following:\n‘5a. Third country issuers are not subject to a requirement, under Annex I, item 20.1; Annex IV, item 13.1; Annex VII, item 8.2; Annex X, item 20.1 or Annex XI, item 11.1, to restate historical financial information, included in a prospectus and relevant for the financial years prior to financial years starting on or after 1 January 2015, or to a requirement under Annex VII, item 8.2.bis; Annex IX, item 11.1; or Annex X, item 20.1.bis, to provide a narrative description of the differences between International Financial Reporting Standards adopted pursuant to Regulation (EC) No 1606/2002 and the accounting principles in accordance with which such information is drawn up relating to the financial years prior to financial years starting on or after 1 January 2015, provided that the historical financial information is prepared in accordance with the Generally Accepted Accounting Principles of the Republic of India.’",
  "extent": "E+W+S+N.I.",
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/eur/2012/311/article/1",
    "retrieved_at": "2026-11-01T14:49:29.434134+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."
}