{
  "url": "https://openlegislation.uk/real-estate-investment-trusts-joint-ventures-regulations-2006/regulation-12",
  "json_url": "https://openlegislation.uk/real-estate-investment-trusts-joint-ventures-regulations-2006/regulation-12.json",
  "legislation": "uksi/2006/2866",
  "legislation_title": "The Real Estate Investment Trusts (Joint Ventures) Regulations 2006",
  "legislation_url": "https://openlegislation.uk/real-estate-investment-trusts-joint-ventures-regulations-2006",
  "path": "regulation/12",
  "kind": "regulation",
  "number": "12",
  "heading": "Financial statements",
  "text": "(1) The principal company of a venturing group shall include the information referred to in paragraph (2) in the financial statement submitted in accordance with the provisions of paragraphs 5(2) and 31 of Schedule 17.\nIn the application of those provisions for the purposes of this paragraph—\n(a) references to each member are to be read as references to each joint venture company in respect of which a joint venture look-through notice has been given; and\n(b) references to a non-member are references to a person or body which is neither a member of the venturing group nor a joint venture company in respect of which a joint venture look-through notice has been given.\n(2) The information is the percentage of income, expenses, gains, losses, assets and liabilities of the joint venture company which represent interests of a member of the venturing group in the joint venture company.\nThe percentage shall be determined by reference to beneficial entitlement to profits available for distribution to equity holders.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/2006/2866/regulation/12",
    "retrieved_at": "2026-10-29T04:17:13.434804+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."
}