# The Industrial and Provident Societies (Group Accounts) Regulations 1969, Paragraph 3


(1) The reserves, provisions, liabilities and assets shall be classified under headings appropriate to the business of the society and its subsidiaries:
Provided that—
(a) where the amount of any class is not material, it may be included under the same heading as some other class; and
(b) where any assets of one class are not separable from assets of another class, those assets may be included under the same heading.
(2) Such particulars of the liabilities and assets shall be stated as are necessary to disclose their general nature.
(3) Fixed assets, current assets and assets that are neither fixed nor current shall be separately identified.
(4) The method or methods used to arrive at the amount of the fixed assets under each heading shall be stated.

---
Source: https://www.legislation.gov.uk/uksi/1969/1037/schedule/paragraph/3 (the official version)
Page: https://openlegislation.uk/industrial-and-provident-societies-group-accounts-regulations-1969/schedule/paragraph-3
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.