Paragraph 26 Joint ventures

United Kingdom

(1)

The following information must be given where an undertaking is dealt with in the consolidated accounts by the method of proportional consolidation in accordance with paragraph 18 of this Schedule (joint ventures)—

(a)

the name of the undertaking,

F1(b)

the address of the undertaking's registered office (whether in or outside the United Kingdom),

(c)

the factors on which joint management of the undertaking is based, and

(d)

the proportion of the capital of the undertaking held by F2or on behalf of undertakings included in the consolidation.

(2)

Where the financial year of the undertaking did not end with that of the company, there must be stated the date on which a financial year of the undertaking last ended before that date.

Annotations

Textual amendments

F1: Sch. 6 para. 26(1)(b) substituted (with effect in accordance with reg. 2(2)-(5) of the amending S.I.) by The Companies, Partnerships and Groups (Accounts and Reports) Regulations 2015 (S.I. 2015/980), regs. 2(1), 23(3) (with reg. 3)
F2: Words in Sch. 6 para. 26(1)(d) inserted (with effect in accordance with reg. 2(2)-(5) of the amending S.I.) by The Companies, Partnerships and Groups (Accounts and Reports) Regulations 2015 (S.I. 2015/980), regs. 2(1), 23(4) (with reg. 3)

Notes on Part 2

Modifications

C1: Sch. 6 Pt. 2 applied (with modifications) (E.W.S.) (with application in accordance with reg. 2(2) of the amending S.I.) by The Small Limited Liability Partnerships (Accounts) Regulations 2008 (S.I. 2008/1912), regs. 2(1), 7(2), Sch. 4 Pt. 2 (with reg. 2(3)) (as amended (with effect in accordance with reg. 2(2)-(5) of the amending S.I.) by The Limited Liability Partnerships, Partnerships and Groups (Accounts and Audit) Regulations 2016 (S.I. 2016/575), regs. 2(1), 43)