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The Companies Act 1985 (International Accounting Standards and Other Accounting Amendments) Regulations 2004

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21.—(1) Section 262A (index of defined expressions)(1) is amended as follows.

(2) At the appropriate places insert the following defined expressions–

Companies Act accountsSection 262(1)
Companies Act group accountsSections 227(2) and 255A(6A)
Companies Act individual accountsSections 226(2) and 255(4A)
group accountsSection 227(1)
IAS accountsSection 262(1)
IAS group accountsSection 227(2) and (3)
IAS individual accountsSection 226(2)
IAS RegulationSection 262(1)
international accounting standardsSection 262(1).

(3) After the entry for “profit and loss account (includes notes)” insert–

(in relation to IAS accounts)Section 262(1).

(4) For the entry for “true and fair view” substitute–

true and fair viewSection 262(2A).
(1)

Section 262A was inserted by section 22 of the Companies Act 1989, and amended by regulation 6 of, and paragraph 3 of Schedule 2 to, S.I. 1991/2705, by regulation 5 of, and paragraph 5 of Schedule 2 to, S.I. 1993/3246, by regulation 4(2) of S.I. 1994/233, by regulation 4 of, and paragraph 3 of Schedule 1 to, S.I. 1994/1935, by regulation 12(2) of S.I. 1996/189, by regulation 7 of S.I. 1997/220, by regulation 4(4) of S.I. 1997/2306, by article 16(2) of S.I. 2000/3373 and by regulation 10 of S.I. 2002/1986.

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