Overview

This Section establishes disclosure standards for unincorporated businesses. Minimum standards of disclosure that apply to unincorporated businesses as well as incorporated businesses are dealt with elsewhere in Part II of the Handbook. However, special problems arise in statements of unincorporated businesses because such businesses, unlike limited companies, are not entities separate from their owners. Only these special problems are dealt with in this Section. The requirements of this Section are only applicable to unincorporated businesses.

History of Section 1800

Note: The above summary does not include details of consequential amendments made as the result of other projects.