Statutory Instrument 1990 No. 1667

The Accounting Standards (Prescribed Body) Regulations 1990

---

© Crown Copyright 1990

Statutory Instruments printed from this website are printed under the superintendence and authority of the Controller of HMSO being the Queen's Printer of Acts of Parliament.

The legislation contained on this web site is subject to Crown Copyright protection. It may be reproduced free of charge provided that it is reproduced accurately and that the source and copyright status of the material is made evident to users.

It should be noted that the right to reproduce the text of Statutory Instruments does not extend to the Queen's Printer imprints which should be removed from any copies of the Statutory Instrument which are issued or made available to the public. This includes reproduction of the Statutory Instrument on the Internet and on intranet sites. The Royal Arms may be reproduced only where they are an integral part of the original document.

The text of this Internet version of the Statutory Instrument which is published by the Queen's Printer of Acts of Parliament has been prepared to reflect the text as it was Made. A print version is also available and is published by The Stationery Office Limited as the The Accounting Standards (Prescribed Body) Regulations 1990, ISBN 0110046676. The print version may be purchased by clicking here. Braille copies of this Statutory Instrument can also be purchased at the same price as the print edition by contacting TSO Customer Services on 0870 600 5522 or e-mail:customer.services@tso.co.uk.

Further information about the publication of legislation on this website can be found by referring to the Frequently Asked Questions.

To ensure fast access over slow connections, large documents have been segmented into "chunks". Where you see a "continue" button at the bottom of the page of text, this indicates that there is another chunk of text available.

1990 No. 1667

COMPANIES

The Accounting Standards (Prescribed Body) Regulations 1990

The Secretary of State, in exercise of the powers conferred on him by section 256 of the Companies Act 1985^[1], hereby makes the following Regulations:

    1.    These Regulations may be cited as the Accounting Standards (Prescribed Body) Regulations 1990 and shall come into force on 20th August 1990.

    2.    The Accounting Standards Board Limited is hereby prescribed for the purposes of section 256(1) of the Companies Act 1985.

Sarah E. Brown

An Under Secretary, Department of Trade and Industry

8thAugust 1990

These Regulations prescribe the Accounting Standards Board Limited for the purposes of section 256(1) of the Companies Act 1985. Statements of standard accounting practice issued by a body so prescribed are "accounting standards" for the purposes of the provisions of Part VII of that Act. (Accounts prepared under Part VII are required to disclose whether or not they comply with accounting standards.)

[1] 1985 c. 6; section 256 was substituted for the previous section of that number by sections 1and 19 of the Companies Act 1989 (c. 40). back