# The Registered Housing Associations (Accounting Requirements) Order 1988, Note: Explanatory note


(This note is not part of the Order)
This Order consolidates with amendments the Registered Housing Associations (Accounting Requirements) Order 1982 (S.I. 1982/828), the Registered Housing Associations (Accounting Requirements for Almshouses) Order 1983 (S.I. 1983/207) and the Registered Housing Associations (Limited Accounting Requirements) Order 1984 (S.I. 1984/1833). The amendments made are as follows–
(1) limited accounting requirements are applied to associations providing 250 or less units of accommodation (formerly 100 under the 1984 Order) (article 4(2));
(2) the requirement, where it applied, for a summary income and expenditure account is removed;
(3) provision is made for disregarding amounts which are immaterial (article 4(5));
(4) some items required by Schedule 1 to the 1982 Order to be shown in the balance sheet or notes to the accounts are omitted;
(5) further items are required to be shown in the income and expenditure account of an association which is not a co-ownership society (Schedule 2);
(6) the requirement to show in relation to hostels the housing administration costs for each bedspace is omitted (Schedule 5).
In addition there are drafting amendments.

---
Source: https://www.legislation.gov.uk/uksi/1988/395/note (the official version)
Page: https://openlegislation.uk/registered-housing-associations-accounting-requirements-order-1988/note
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.