Paragraph 12 Further ExpressionsF1

The expressions listed in sub-paragraph (2) have the same meaning as they have in Council Directive 78/660/EEC , and for the purposes of those expressions, it shall be assumed that a society is subject to the provisions of that Directive.

“Available-for-sale financial asset”, “business combination”, “cash flow risk”, “commodity-based contracts”, “credit risk”, “equity instrument”, “exchange difference”, “fair value hedge accounting system”, “financial fixed asset”, “financial instrument”, “foreign entity”, “hedge accounting”, “hedge accounting system”, “hedged items”, “hedging instrument”, “held to maturity”, “held for trading purposes”, “liquidity risk”, “monetary item”, “price risk”, “receivables”, “reliable market” and “trading portfolio”.