Schedule 1, Part 2 Amendments to Subordinate Legislation (paras. 53-61)
Amendment to the Friendly Societies (Accounts and Related Provisions) Regulations 1994
53. In the Friendly Societies (Accounts and Related Provisions) Regulations 1994 [S.I. 1994/1983.], in Schedule 6 (accounting principles and rules), in paragraph 24A(3A) [Paragraph 24A, together with paragraphs 24B to 24F, was inserted by S.I. 2005/2210. Sub-paragraph (3A) was inserted by S.I. 2008/1144. Other amendments have been made to paragraph 24A but none is relevant.] (inclusion of financial instruments at fair value) for the words "international accounting standards adopted by the European Commission on or before 5th September 2006 in accordance with the IAS Regulation" substitute "UK-adopted international accounting standards within the meaning of section 474(1) of the Companies Act 2006".
Amendment to the Building Societies (Accounts and Related Provisions) Regulations 1998