# Companies Act 1985, Paragraph 2

Extent: E+W+S

Where a banking company, or a company which is the holding company of a credit institution, prepares annual accounts for a financial year, it need not comply with the provisions of Part II of Schedule 6 (loans, quasi-loans and other dealings) in relation to a transaction or arrangement of a kind mentioned in section 197, 198, 200, 201 or 203 of the Companies Act 2006 , or an agreement to enter into such a transaction or arrangement, to which that banking company or (as the case may be) credit institution is a party.

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Source: https://www.legislation.gov.uk/ukpga/1985/6/schedule/9/paragraph/2 (the official version)
Page: https://openlegislation.uk/companies-act-1985/schedule-9/paragraph-2
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.