Search Legislation

Companies (1986 Order) (Accounts of Small and Medium-Sized Enterprises and Publication of Accounts in ECUs) Regulations (Northern Ireland) 1992

 Help about what version

What Version

  • Latest available (Revised)
  • Original (As made)

Status:

This is the original version (as it was originally made). This item of legislation is currently only available in its original format.

The new Part II

3.  The following shall be inserted in Schedule 8 as Part 11 immediately after the Part inserted by paragraph 2—

Part 11Exemptions with Respect to Directors' Report

15.  The directors' report of a small company need not give any of the information required by or under the following provisions—

(a)Article 242(1)(a) and (b) (fair review of business, amount to be paid as dividend and amount to be carried to reserves)(1);

(b)paragraph 1 of Schedule 7 (asset values)(2);

(c)paragraph 5A of Schedule 7 (insurance effected for officers or auditors)(3);

(d)paragraph 6 of Schedule 7 (miscellaneous disclosures)(4);

(e)paragraph 10 of Schedule 7 (health, safety and welfare at work of company’s employees); and

(f)paragraph 11 of Schedule 7 (employee involvement)(5)..

The modifications referred to in paragraph 1(2)

4.—(1) Paragraphs 1 to 10 of Schedule 8 shall be modified as follows.

(2) In paragraph 3(1) for the words “paragraph 48(1) and (4)” there shall be substituted the words “paragraph 48(1) and (4)(a)”.

(3) After paragraph 3(3) there shall be inserted the following sub-paragraph—

(4) The information required by Article 398A(3) need not be given(6)..

(4) In paragraphs 7(1), 8(1) and 10(1), for the words “Part I or II” there shall be substituted in each case the words “Section A or Section B of this Part”.

(5) In paragraph 7(1)(a), for the words “Part I, or as the case may be, Part II” there shall be substituted the words “Section A or, as the case may be, Section B of this Part”.

(6) In paragraph 7(2), there shall be inserted at the end “or, where Article 254(1A) applies, immediately above the statements required by that Article”.

(7) In paragraph 9, for the words “Paragraphs 7 and 8” there shall be substituted the words “Paragraphs 23 and 24”.

(8) In paragraph 10(2) and (3), for the words “this Schedule” where they occur, there shall be substituted the words “this Part of this Schedule”.

(1)

Article 242 was inserted into the 1986 Order by Article 10(1) of the Companies (Northern Ireland) Order 1990.

(2)

Paragraph 1 of Schedule 7 to the 1986 Order has been amended by Article 10(2) of, and paragraph 2(1) of Schedule 5 to, the Companies (Northern Ireland) Order 1990.

(3)

Paragraph 5A of Schedule 7 to the 1986 Order was inserted by Article 72(2) of the Companies (No. 2) (Northern Ireland) Order 1990, S.I. 1990/1504 (N.I. 10).

(4)

Paragraph 6 of Schedule 7 to the 1986 Order has been amended by Article 10(2) of, and paragraph 2(2) of Schedule 5 to, the Companies (Northern Ireland) Order 1990.

(5)

Paragraph 11 of Schedule 7 was inserted into the 1986 Order by Article 3(2) of the Industrial Relations (Northern Ireland) Order 1987, S.I. 1987/936 (N.I. 9).

(6)

Article 398A was inserted into the 1986 Order by Article 56 of the Companies (No. 2) (Northern Ireland) Order 1990.

Back to top

Options/Help

Print Options

Close

Legislation is available in different versions:

Latest Available (revised):The latest available updated version of the legislation incorporating changes made by subsequent legislation and applied by our editorial team. Changes we have not yet applied to the text, can be found in the ‘Changes to Legislation’ area.

Original (As Enacted or Made): The original version of the legislation as it stood when it was enacted or made. No changes have been applied to the text.

Close

Opening Options

Different options to open legislation in order to view more content on screen at once

Close

More Resources

Access essential accompanying documents and information for this legislation item from this tab. Dependent on the legislation item being viewed this may include:

  • the original print PDF of the as enacted version that was used for the print copy
  • lists of changes made by and/or affecting this legislation item
  • confers power and blanket amendment details
  • all formats of all associated documents
  • correction slips
  • links to related legislation and further information resources
Close

More Resources

Use this menu to access essential accompanying documents and information for this legislation item. Dependent on the legislation item being viewed this may include:

  • the original print PDF of the as made version that was used for the print copy
  • correction slips

Click 'View More' or select 'More Resources' tab for additional information including:

  • lists of changes made by and/or affecting this legislation item
  • confers power and blanket amendment details
  • all formats of all associated documents
  • links to related legislation and further information resources