{
  "url": "https://openlegislation.uk/companies-act-1989/schedule-1/paragraph-2",
  "json_url": "https://openlegislation.uk/companies-act-1989/schedule-1/paragraph-2.json",
  "legislation": "ukpga/1989/40",
  "legislation_title": "Companies Act 1989",
  "legislation_url": "https://openlegislation.uk/companies-act-1989",
  "path": "schedule/1/paragraph/2",
  "kind": "paragraph",
  "number": "2",
  "heading": null,
  "text": "(1) For “group companies”, wherever occurring, substitute “ group undertakings ”.\n(2) That expression occurs—\n(a) in Balance Sheet Format 1, in Items B.III.1 and 2, C.II.2, C.III.1, E.6 and H.6;\n(b) in Balance Sheet Format 2—\n(i) under the heading “ASSETS”, in Items B.III.1 and 2, C.II.2 and C.III.1;\n(ii) under the heading “LIABILITIES”, in Item C.6;\n(c) in the Profit and Loss Accounts Formats—\n(i) in Format 1, Item 7;\n(ii) in Format 2, Item 9;\n(iii) in Format 3, Item B.3;\n(iv) in Format 4, Item B.5;\n(d) in Notes (15) and (16) to the profit and loss account formats; and\n(e) in the second sentence of paragraph 53(2) (exclusion from requirement to state separately certain loans).",
  "extent": "E+W+S+N.I.",
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/1989/40/schedule/1/paragraph/2",
    "retrieved_at": "2026-10-29T09:45:50.516840+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}