(1) Paragraph (2) shall apply where a parent undertaking acquired a subsidiary undertaking before the introduction of these Regulations but has not previously included that subsidiary undertaking in its group accounts.
(2) For the purposes of applying the acquisition method of accounting in accordance with Regulation 19, where
(a) there is no record of -
(i) the fair values as at the date of acquisition of the identifiable assets and liabilities of the undertaking acquired, or
(ii) the acquisition cost of the interest in the shares of the acquired undertaking held by the undertakings dealt with in the group accounts, or
(b) where any such records cannot be obtained without unreasonable expense or delay,
the values of the identifiable assets and liabilities and the acquisition cost shall be taken to be the values and cost ascribed to them in the earliest available record made after the acquisition of that subsidiary undertaking.