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UK National Accounts case law on classification of quasi-corporations
This article explains ONS's practice for identifying both private and public sector quasi corporations in the UK National Accounts.
Quasi-corporations are identified in the National Accounts because their economic behaviour is different to that of the rest of the legal entity. The 'notional unit' is separated out and classified in its own right alongside other units that exhibit similar behaviour. This article explains ONS's practice for identifying both private and public sector quasi corporations in the UK National Accounts and provides information on the resulting impact on General Government Net Borrowing.
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