Paragraph 12 Acquisition accountingI1
United Kingdom
The information required by paragraphs 9, 10, or 11 need not be disclosed with respect to a subsidiary which:
is established under the law of a country outside the United Kingdom; or
carries on business outside the United Kingdom,
if in the opinion of the committee of management of the society the disclosure would be seriously prejudicial to the business of that subsidiary or to the business of the society or any of its subsidiaries and the F1appropriate authority agrees that the information should not be disclosed.
Annotations
Textual amendments
- F1
Words in Sch. 3 para. 12 substituted (1.4.2013) by The Financial Services Act 2012 (Mutual Societies) Order 2013 (S.I. 2013/496), art. 1(1), Sch. 10 para. 6 (with Sch. 12)
Commencement
- I1
Sch. 3 para. 12 in force at 1.9.1994, see reg. 1