Preliminary
(1) The rules set out in paragraphs 2 to 11 are referred to subsequently in this Schedule as "the historical cost accounting rules".
(2) Paragraphs 2, 3, 4 and 5 are referred to in this Chapter as "the depreciation rules" and references subsequently in this Schedule to the historical cost accounting rules do not include the depreciation rules as they apply by virtue of paragraph 19.
13. Subject to paragraphs 19 to 21, the amounts to be included in respect of assets of any description mentioned in paragraph 14 may be determined on any basis so mentioned.
Current value accounting rules
(1) Investments falling to be included under Assets item C (investments) may be included at their current value calculated in accordance with paragraphs 17 and 18.
(2) Investments falling to be included under Assets item D (unit-linked investments) shall be shown at their current value.
(1) Intangible assets, other than goodwill, and assets falling to be included under Assets i