Document ID: chunk:federal_register_of_legislation:C2004A03231:body:0:p63
Version: federal_register_of_legislation:C2004A03231
Segment Type: other
Provision Reference: 
Character Range: 157234–160249

to any qualification, or included any comment made under sub-section (4)—the name of the subsidiary and particulars of the qualification or comment;";
     (b) by omitting from paragraph (3) (e) ", (aa), (b) or (c)" and substituting "or (aa)"; and
     (c) by omitting paragraph (4) (d) and substituting the following paragraph:
         "(d) where the company is a holding company—
             (i) whether the accounts of the subsidiaries that are to be consolidated with other accounts are in form and content appropriate and proper for the purposes of the preparation of the consolidated accounts, and whether he has received satisfactory information and explanations as required by him for that purpose; and
             (ii) whether the procedures and methods used by the company and by each of its subsidiaries in arriving at the amounts taken into any consolidated accounts were appropriate to the circumstances of the consolidation; and".

Interpretation and application
87. Section 289 of the Principal Act is amended by inserting after sub-section (1) the following sub-section:
"(1a) In this Part, a reference to a statement made at an examination includes a reference to a question asked, an answer given, or any other comment or remark made, at an examination.".

Record of examination
88. Section 298 of the Principal Act is amended—
     (a) by omitting from sub-sections (1), (2) and (3) "questions asked and the answers given" and substituting "statements made"; and
     (b) by omitting from sub-sections (5) and (10) "questions asked and answers given" and substituting "statements made".

Admissibility of record of examination in evidence in proceedings against person examined
89. Section 299 of the Principal Act is amended—
     (a) by omitting from sub-section (1) "questions asked and answers given" and substituting "statements made";
     (b) by omitting from sub-section (2) "an answer given" and substituting "a statement made";
     (c) by inserting in paragraph (2) (a) "where the statement is an answer given by the person to a question —" before "the proceedings";
     (d) by omitting from paragraph (2) (b) "question and answer are" and substituting "statement is";
     (e) by omitting from paragraph (2) (c) "answer" (wherever occurring) and substituting "statement";
     (f) by omitting from paragraph (2) (c) "given" and substituting "made"; and
     (g) by omitting from paragraph (2) (d) "answer" and substituting "statement".

Admissibility in other proceedings of statements at an examination
90. Section 300 of the Principal Act is amended—
     (a) by omitting "a question asked of, and answer given by," and substituting "a statement made by";
     (b) by omitting "are" (first occurring) and substituting "is"; and
     (c) by omitting from paragraph (b) "question and answer" and substituting "statement".

Weight of evidence
91. Section 301 of the Principal Act is amended—
     (a) by omitting "questions and answers" and substituting "statements"; and
     (b)