Paragraph 10
(1)
This paragraph applies in place of section 223(2) of the Companies Act 1985 (first financial year).
(2)
The Corporation shall have a financial year—
(a)
beginning with the day after the last financial year of the Corporation to end before registration, and
(b)
ending with the accounting reference date or such other date, not more than seven days before or after that date, as the directors may determine.