HC Deb 14 July 1992 vol 211 c658W
Mr. Cousins

To ask the President of the Board of Trade which sections and schedules of the Companies Acts refer to or require the capitalisation of interests; and whether he has these matters under review.

Mr. Neil Hamilton

Paragraph 26(3)(b) of schedule 4 to the Companies Act 1985 permits interest to he included in the production cost of an asset. I have no plans to review this sub-paragraph which implements a provision in the EC fourth directive.

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