The Companies Act 1985 (International Accounting Standards and Other Accounting Amendments) Regulations 2004 No. 2947

PART 3 Other modifications of provisions relating to accounts

Voluntary revision of annual accounts

10.—(1) Section 245 of the 1985 Act (voluntary revision of defective accounts and reports)(1) is amended as follows.

(2) In subsection (1)–

(a) after “annual accounts” insert “or summary financial statement”, and

(b) for “revised report” substitute “revised statement or report”.

(3) In subsection (3), after “annual accounts” insert “or a revised summary financial statement”.

(4) In subsection (4)(a) and (b), for “or report” substitute “, statement or report”.

(1)

Section 245 was substituted by section 12 of the Companies Act 1989, and amended by regulation 4 of, and paragraph 2 in Part I of Schedule 1 to, S.I. 1994/1935 and regulation 10(9) of S.I. 2002/1986.