# The Large and Medium-sized Companies and Groups (Accounts and Reports) Regulations 2008, Paragraph 10

Extent: E+W+S+N.I.

The conditions for accounting for an acquisition as a merger are—
(a) that the undertaking whose shares are acquired is ultimately controlled by the same party both before and after the acquisition,
(b) that the control referred to in paragraph (a) is not transitory, and
(c) that adoption of the merger method accords with generally accepted accounting principles or practice.

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Source: https://www.legislation.gov.uk/uksi/2008/410/schedule/6/paragraph/10 (the official version)
Page: https://openlegislation.uk/large-and-medium-sized-companies-and-groups-accounts-and-reports-regulations-2008/schedule-6/paragraph-10
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.