Part 1Transfer of balances in dormant accounts
Supplemental
13Banks making transfers under section 2: information in directors' reports
1
Where—
a
the directors of a company that is a bank are required by section 415(1) of the Companies Act 2006 (c. 46) to prepare a report for a particular financial year, and
b
in that year the company made transfers in relation to which section 2 applied,
the report must identify each of the charities concerned and specify the amount transferred to each of them.
2
The requirements of subsection (1) are to be treated for the purposes of the Companies Act 2006 (c. 46) as requirements of that Act.