2(1)For “group companies”, wherever occurring, substitute “group undertakings”.
(2)That expression occurs—
(a)in Balance Sheet Format 1, in Items B.III.1 and 2, C.II.2, C.III.1, E.6 and H.6;
(b)in Balance Sheet Format 2—
(i)under the heading “ASSETS”, in Items B.III.1 and 2, C.II.2 and C.III.1;
(ii)under the heading “LIABILITIES”, in Item C.6;
(c)in the Profit and Loss Accounts Formats—
(i)in Format 1, Item 7;
(ii)in Format 2, Item 9;
(iii)in Format 3, Item B.3;
(iv)in Format 4, Item B.5;
(d)in Notes (15) and (16) to the profit and loss account formats; and
(e)in the second sentence of paragraph 53(2) (exclusion from requirement to state separately certain loans).