Document ID: chunk:federal_register_of_legislation:C2004A03231:body:0:p58
Version: federal_register_of_legislation:C2004A03231
Segment Type: other
Provision Reference: 
Character Range: 144748–147481

recognised company".
     (f) by omitting from sub-section (9) all the words from and including "56 days" (first occurring) to and including "that period" and substituting "42 days before the relevant time in relation to the last financial year (in this sub-section referred to as the 'financial year') of the company";
     (g) by omitting sub-paragraphs (9) (a) (i) and (ii) and substituting the following sub-paragraphs:
         "(i) the profit and loss account is drawn up so as to give a true and fair view of the profit or loss of the company for the financial year;
         (ii) the balance-sheet is drawn up so as to give a true and fair view of the state of affairs of the company as at the end of the financial year;
         (iia) if the accounts include a cash statement—the cash statement is drawn up so as to give a true and fair view of the cash movements of the company during the financial year; and";
     (h) by omitting from sub-section (10) all the words from and including "56 days" (first occurring) to and including "that period" and substituting "42 days before the relevant time in relation to the last financial year of the company";
     (j) by inserting after paragraph (10) (a) the following paragraph:
         "(aa) if the group accounts include a cash statement—stating whether, in the opinion of the directors, the cash statement is drawn up so as to give a true and fair view of the cash movements of the company and its subsidiaries during their respective last financial years;";
     (k) by omitting from paragraph (11) (a) "and (ii)" and substituting ", (ii) and (iia)"; and
     (m) by omitting from paragraph (12) (a) "paragraph (10) (a)" and substituting "paragraphs (10) (a) and (aa)".
(2) Section 269 of the Principal Act is amended—
     (a) by omitting paragraph (9a) (b) and substituting the following paragraph:
         "(b) if the company, pursuant to section 278 or 279, did not appoint an auditor to audit the accounts—before the relevant time in relation to the financial year of the company to which the accounts relate."; and
     (b) by omitting paragraph (10a) (b) and substituting the following paragraph:

         "(b) if the holding company, pursuant to section 278 or 279, did not appoint an auditor to audit the group accounts—before the relevant time in relation to the financial year of the holding company to which the group accounts relate.".

Directors' reports
81. Section 270 of the Principal Act is amended—
     (a) by omitting from sub-section (1) all the words from and including "not less than 14" (first occurring) to and including "that period" and substituting "within the period of 42 days ending at the relevant time in relation to a financial year of