Document ID: chunk:federal_register_of_legislation:C2004A03231:body:0:p61
Version: federal_register_of_legislation:C2004A03231
Segment Type: other
Provision Reference: 
Character Range: 152270–155031

or in relation to a class of companies, is a reference to—
         (a) an order under sub-section (1) relieving the directors of the company, relieving the company, or relieving the auditor (if any) of the company; or
         (b) an order under sub-section (5) relieving the directors of a company included in that class, relieving a company included in that class, or relieving the auditor (if any) of a company included in that class,
    from compliance with specified requirements of this Act.".

Members of company entitled to balance-sheet, &c.
83. Section 274 of the Principal Act is amended—
     (a) by omitting from sub-section (1) "not less than 14 days before each annual general meeting, send" and substituting "at or before the time when it sends notice of an annual general meeting of the company to prescribed persons in relation to the company, or, in a case where the company sends notice of an annual general meeting of the company to prescribed persons in relation to the company more than 14 days before the meeting, not less than 14 days before the meeting, send to each prescribed person in relation to the company";
     (b) by omitting from sub-section (1) ", to all persons entitled to receive notice of general meetings of the company"; and
     (c) by inserting after sub-section (1) the following sub-section:
    "(1a) In sub-section (1), 'prescribed person', in relation to a company, means a person who is entitled to receive notice of general meetings of the company.".

Accounts and reports to be laid before annual general meeting
84. Section 275 of the Principal Act is amended—
     (a) by omitting paragraphs (a) and (b) and substituting the following paragraph:
         "(a) a copy of the accounts made out in accordance with section 269 for the last financial year of the company;"; and
     (b) by omitting from paragraph (d) "sub-section 269 (3)" and substituting " section 269".

Appointment of auditors
85. Section 280 of the Principal Act is amended by omitting sub-section (11) and substituting the following sub-sections:
"(11) Where, after the removal from office of an auditor of a company, the company fails to appoint an auditor under sub-section (10), the company shall, within the period of 7 days commencing on the day of the failure, give to the Commission notice of the failure, and, subject to sub-section (11a), the Commission—
     (a) in a case where the company, before the expiration of that period, gives to the Commission notice of the failure—shall, upon receiving the notice; or
     (b) in any other case—
         (i) may, at any time after the expiration of that period and before the Commission receives from the company notice of the failure; and
         (ii) if the company, after the