# The Registered Housing Associations (Accounting Requirements) (Scotland) Order 1993, Note: Explanatory note


(This note is not part of the Order)
This Order lays down accounting requirements for housing associations registered with Scottish Homes, with a view to ensuring that these accounts are prepared in the requisite form and give a true and fair view of their state of affairs, so far as their housing activities are concerned.
The Order applies to any period of account starting after 31 March 1993 (article 3). The Order revokes the Registered Housing Association (Accounting Requirements) Order 1988 and the Registered Housing Association (Accounting Requirements) (Amendment) Order 1989 in so far as they apply to Scotland (article 1(2)).
Part I of the Order deals with citation, commencement and revocation (article 1), interpretation (article 2) and application (article 3) and the form in which required information may be prepared (article 4). Part II (articles 5-10) lays down requirements about the accounts (articles 6 to 8), the notes to the accounts and the information to be shown in these notes (article 10 and the Schedules). Part III (articles 11-19) lays down further accounting requirements and gives the method for distinguishing, in the accounts, housing activities from other activities (article 18). It also deals with how a rent surplus fund is to be constituted and shown in the accounts (article 19).

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Source: https://www.legislation.gov.uk/uksi/1993/487/note (the official version)
Page: https://openlegislation.uk/registered-housing-associations-accounting-requirements-scotland-order-1993/note
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.