{
  "url": "https://openlegislation.uk/football-governance-act-2025/schedule-5/paragraph-2",
  "json_url": "https://openlegislation.uk/football-governance-act-2025/schedule-5/paragraph-2.json",
  "legislation": "ukpga/2025/21",
  "legislation_title": "Football Governance Act 2025",
  "legislation_url": "https://openlegislation.uk/football-governance-act-2025",
  "path": "schedule/5/paragraph/2",
  "kind": "paragraph",
  "number": "2",
  "heading": "Financial plans",
  "text": "A financial plans condition is a condition requiring a club to—\n(a) submit a financial plan containing specified information to the IFR before a specified date,\n(b) update the financial plan—\n(i) annually or at such more frequent intervals as may be specified, and\n(ii) as soon as reasonably practicable after there has been a material change in circumstances affecting the club, and\nsubmit that updated plan to the IFR, and\n(c) act in accordance with the latest financial plan submitted to the IFR.",
  "extent": "E+W",
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "I",
      "label": "I1",
      "text": "Sch. 5 para. 2 in force at Royal Assent for specified purposes, see s. 100(2)(g)"
    },
    {
      "type": "I",
      "label": "I2",
      "text": "Sch. 5 para. 2 in force at 1.11.2026 in so far as not already in force by S.I. 2026/1135, reg. 3(1)(a)(xiii)"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/2025/21/schedule/5/paragraph/2",
    "retrieved_at": "2026-11-05T03:39:55.233089+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."
}