Document ID: chunk:federal_register_of_legislation:C2004A02825:body:0:p64
Version: federal_register_of_legislation:C2004A02825
Segment Type: other
Provision Reference: 
Character Range: 156934–159728

reasonable grounds to believe that the company will be able to pay its debts as and when they fall due;
          (b) stating whether the accounts have been made out in accordance with applicable approved accounting standards;
          (c) if the accounts have not been made out in accordance with a particular applicable approved accounting standard—
              (i) stating why the accounts, if made out in accordance with that accounting standard, would not have given a true and fair view of the matters required by this section to be dealt with in the accounts; and
              (ii) giving particulars of the quantified financial effect on the accounts of the failure to make out the accounts in accordance with that accounting standard; and
          (d) where the company has been dormant throughout the period commencing at the commencement of the financial year and ending on the day on which the statement is made—stating that the company has been dormant.
     "(10) The directors of a company that is a holding company shall cause to be attached to group accounts of the company required by section 275 to be laid before an annual general meeting of the company, before the auditor reports on the group accounts under this Part, a statement made, not more than 56 days before the date of the annual general meeting, or, if no annual general meeting of the company is held within the period within which it is required by section 240 to be held, not more than 56 days before the end of that period, in accordance with a resolution of the directors and signed by at least 2 directors—
          (a) stating whether, in the opinion of the directors, the group accounts are drawn up so as to give a true and fair view of—
              (i) the profit or loss of the company and its subsidiaries for their respective last financial years; and
              (ii) the state of affairs of the company and its subsidiaries as at the end of their respective last financial years,
          so far as they concern members of the company;
          (b) stating whether the group accounts have been made out in accordance with applicable approved accounting standards;
          (c) if the group accounts have not been made out in accordance with a particular applicable approved accounting standard—
              (i) stating why the group accounts, if made out in accordance with that accounting standard, would not

               have given a true and fair view of the matters required by this section to be dealt with in the group accounts; and
              (ii) giving particulars of the quantified financial effect on the group accounts of the failure to make out the group accounts in accordance with that accounting standard; and
          (d) where—
              (i) the company