C1Part 8Charity accounts, reports and returns
CHAPTER 2Group accounts
142“Group accounts”
1
For the purposes of this Part, “group accounts” means consolidated accounts—
a
relating to the group, and
b
complying with such requirements as to their form and contents as may be prescribed by regulations made by the F1Secretary of State.
2
Regulations under subsection (1) may in particular make provision—
a
for any such accounts to be prepared in accordance with such methods and principles as are specified or referred to in the regulations;
b
for dealing with cases where the financial years of the members of the group do not all coincide;
c
as to any information to be provided by way of notes to the accounts.
3
Regulations under subsection (1) may also make provision—
a
for determining the financial years of subsidiary undertakings for the purposes of this Part;
b
for imposing on the charity trustees of a parent charity requirements with respect to securing that such financial years coincide with that of the charity.
Pt. 8 applied (with modifications) (2.1.2013) by The Charitable Incorporated Organisations (Insolvency and Dissolution) Regulations 2012 (S.I. 2012/3013), regs. 1, 41