22Commitments for expenditure

## 22 Commitments for expenditure (1) For the purposes of this clause: (a) capital expenditure contracted for; and (b) lease and hire expenditure contracted for; and (c) each type of commitment for expenditure, according to its subject matter, other than commitments referred to in paragraph (a) or (b) or commitments for the supply of inventories; each comprise separate types of commitments for expenditure. (2) If: (a) a balance sheet forming part of the accounts or the consolidated accounts at the end of a financial period does not include commitments for expenditure; and (b) a type of commitment for expenditure that existed at the end of that period was material; those accounts or consolidated accounts must include a note stating separately the total amount of that type of commitment for expenditure that is payable: (c) not later than one year; and (d) later than one year but not later than 2 years; and (e) later than 2 years but not later than 5 years; and (f) later than 5 years; after the end of that financial period.