Paragraph 20 Debentures
(1)
Where an association has issued debentures during the period of account the following information shall be given—
(a)
the reason for making the issue;
(b)
the classes of debentures issued; and
(c)
as respects each class of debentures the amount issued and the consideration received by the association.
(2)
Particulars of any redeemed debentures which the association has power to re-issue shall be shown.