Regulation 21

At the close of each financial year, any investment held on account of the Consolidated Fund must be shown at its book value on 31 March 1976, if the investment was acquired on or before that date and at cost, if the investment was acquired after that date.

Where an investment is held as part of a Government fund or deposit account so that the investment belongs to that fund or deposit account and not to the Consolidated Fund, paragraph (1) applies, mutatis mutandis, to that investment except that any profit or loss arising therefrom must accrue to or be met by that fund or deposit account (as the case may be) and not to the Consolidated Revenue Account.