Paragraph 18 InvestmentsI1
United Kingdom
In respect of the amount of each item which is shown in the society’s balance sheet under Assets item B (investments), or in the case of a non-directive society’s balance sheet, Assets item A (investments), there must be stated:
how much of that amount is ascribable to listed investments; and
how much of any amount so ascribable is ascribable to investments as respects which there has been granted a listing on F1a recognised investment exchange within the meaning of the Financial Services and Markets Act 2000, other than an investment exchange in relation to which a recognition order under section 292(2) of that Act is in force (an overseas investment exchange) and how much to other listed investments.
In the case of each amount shown in respect of listed securities, under sub-paragraph (1)(a), there must also be given the aggregate market value of the securities if it differs from the amount shown.
Annotations
Textual amendments
- F1
Words in Sch. 4 para. 18(1)(b) substituted (1.12.2001) by The Financial Services and Markets Act 2000 (Consequential Amendments and Repeals) Order 2001 (S.I. 2001/3649), arts. 1, 466(a)
Commencement
- I1
Sch. 4 para. 18 in force at 1.9.1994, see reg. 1