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The Companies (Revision of Defective Accounts and Reports) Regulations 2008

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11.—(1) Subject to the following provisions of these Regulations, upon the directors approving a revised report under regulation 5 or 6 the provisions of the 2006 Act have effect as if the revised report was, as from the date of its approval, the directors’ report or the directors’ remuneration report (as the case may be) in place of the original directors’ report or directors’ remuneration report (as the case may be).

(2) In particular, the revised report shall as from that date be the directors’ report or the directors’ remuneration report for the relevant financial year for the purposes of—

(a)sections 431 and 432 of the 2006 Act, and

(b)sections 423 , 437 and 441 of that Act if the requirements of those sections have not been complied with prior to the date of revision.

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