387. Individual accounts: applicable accounting framework

Past version: effective from 14/06/2015 - 13/06/2015
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(1) A company's individual accounts shall be prepared in accordance with international accounting standards ("IAS individual accounts").
(2) The Board may make rules prescribing (i) the circumstances in which other accounting standards may be adopted for the purpose of preparing a company's individual accounts and (ii) the other accounting standards which may be so adopted.