At its meeting, the National Accounting Council (NAC) approved an interpretation relating to the accounting solution of a vacated share and settlement share in a limited liability company and a settlement share in a cooperative. The author of this interpretation is Ing. Jiří Pelák, Ph.D. In general, an interpretation, i.e. not only this one, expresses a professional opinion of the NAC (whose members are representatives of the Chamber of Auditors of CR, the Chamber of Tax Consultants of CR, the Union of Accountants of CR and the Faculty of Finance and Accounting of the University of Economics and Business in Prague), which arise due to an absence of treatment in accounting regulations, among other reasons. The individual interpretations, including this one, are available on the NAC website, www.nur.cz.