{
  "url": "https://openlegislation.uk/loan-relationships-and-derivative-contracts-change-of-accounting-practice-regulations-2004/regulation-3",
  "json_url": "https://openlegislation.uk/loan-relationships-and-derivative-contracts-change-of-accounting-practice-regulations-2004/regulation-3.json",
  "legislation": "uksi/2004/3271",
  "legislation_title": "The Loan Relationships and Derivative Contracts (Change Of Accounting Practice) Regulations 2004",
  "legislation_url": "https://openlegislation.uk/loan-relationships-and-derivative-contracts-change-of-accounting-practice-regulations-2004",
  "path": "regulation/3",
  "kind": "regulation",
  "number": "3",
  "heading": "Credits and debits not to be brought into account",
  "text": "The debits and credits prescribed in regulation 4 shall not be brought into account in the first accounting period of a company beginning on or after 1st January 2005, but shall be brought into account in the first accounting period of the company beginning on or after 1st January 2006.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [
    {
      "type": "words omitted",
      "affecting": "uksi/2015/1962",
      "affecting_title": "The Loan Relationships and Derivative Contracts (Change of Accounting Practice) (Amendment No. 2) Regulations 2015"
    },
    {
      "type": "extended",
      "affecting": "ukpga/2005/7",
      "affecting_title": "Finance Act 2005"
    },
    {
      "type": "am",
      "affecting": "uksi/2005/3383",
      "affecting_title": "The Loan Relationships and Derivative Contracts (Change of Accounting Practice) (Amendment) Regulations 2005"
    },
    {
      "type": "subst",
      "affecting": "uksi/2006/3238",
      "affecting_title": "The Loan Relationships and Derivative Contracts (Change of Accounting Practice) (Amendment) Regulations 2006"
    },
    {
      "type": "words inserted",
      "affecting": "uksi/2014/3325",
      "affecting_title": "The Changes in Accounting Standards (Loan Relationships and Derivative Contracts) Regulations 2014"
    }
  ],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/2004/3271/regulation/3",
    "retrieved_at": "2026-10-29T05:13:28.355626+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}