# The Friendly Societies (Accounts and Related Provisions) Regulations 1994, Regulation 10: Accounting principles and rules

Extent: E+W+S+N.I.

(1) A society must prepare its annual accounts in accordance with the accounting principles and rules set out in Schedule 6.
(2) A non-directive society must prepare its annual accounts in accordance with the accounting principles and rules set out in Parts I and II of Schedule 6 and in the application of those Parts of the Schedule to a non-directive society, references in those Parts to a society are, where appropriate, to be construed as references to a non-directive society.

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Source: https://www.legislation.gov.uk/uksi/1994/1983/regulation/10 (the official version)
Page: https://openlegislation.uk/friendly-societies-accounts-and-related-provisions-regulations-1994/regulation-10
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.