Paragraph 2

United Kingdom

(1)

For “group companies”, wherever occurring, substitute “ group undertakings ”.

(2)

That expression occurs—

(a)

in Balance Sheet Format 1, in Items B.III.1 and 2, C.II.2, C.III.1, E.6 and H.6;

(b)

in Balance Sheet Format 2—

(i)

under the heading “ASSETS”, in Items B.III.1 and 2, C.II.2 and C.III.1;

(ii)

under the heading “LIABILITIES”, in Item C.6;

(c)

in the Profit and Loss Accounts Formats—

(i)

in Format 1, Item 7;

(ii)

in Format 2, Item 9;

(iii)

in Format 3, Item B.3;

(iv)

in Format 4, Item B.5;

(d)

in Notes (15) and (16) to the profit and loss account formats; and

(e)

in the second sentence of paragraph 53(2) (exclusion from requirement to state separately certain loans).

Notes on Schedule 1

F1: Sch. 1 repealed (6.4.2008) by Companies Act 2006 (c. 46), ss. 1295, 1300(2), Sch. 16; S.I. 2007/3495, art. 8, Sch. 2 Pt. 1 (with arts. 7, 12)