# The Loan Relationships and Derivative Contracts (Change Of Accounting Practice) Regulations 2004, Regulation 2: Interpretation


In these Regulations—
“amortised cost basis of accounting” has the meaning given by section 103(1) of the Finance Act 1996;
“fair value accounting” has the meaning given by section 103(1) of the Finance Act 1996;
“impairment” and “impairment loss” have the meanings given by section 103(1) of the Finance Act 1996.

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Source: https://www.legislation.gov.uk/uksi/2004/3271/regulation/2 (the official version)
Page: https://openlegislation.uk/loan-relationships-and-derivative-contracts-change-of-accounting-practice-regulations-2004/regulation-2
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.