Regulation 11 Annual accounts—non-directive societyI1
United Kingdom
In respect of the annual accounts of a non-directive society:
(a)
every income and expenditure account must be prepared in the format set out in Part I of Schedule 7;
(b)
every balance sheet must be prepared in the format set out in Part II of Schedule 7; and
(c)
such accounts must be prepared in accordance with the requirements set out in regulation 8 above as modified in Part III of Schedule 7.