841 Realised losses and profits and revaluation of fixed assets
841 Realised losses and profits and revaluation of fixed assets
Companies Act 2006 | Legislation

Chapter 3
Supplementary Provisions

Accounting matters

841  Realised losses and profits and revaluation of fixed assets

(1)     The following provisions have effect for the purposes of this Part.

(2)     The following are treated as realised losses—

(a)     in the case of Companies Act accounts, provisions of a kind specified for the purposes of this paragraph by regulations under section 396 (except revaluation provisions);

(b)     in the case of IAS accounts, provisions of any kind (except revaluation provisions).

(3)     A “revaluation provision” means a provision in respect of a diminution in value of a fixed asset appearing on a revaluation of all the fixed assets of

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