# Companies Act 2006, Section 414CZA: Section 172(1) statement

Extent: E+W+S+N.I.

(1) A strategic report for a financial year of a company must include a statement (a “section 172(1) statement”) which describes how the directors have had regard to the matters set out in section 172(1)(a) to (f) when performing their duty under section 172.
(2) Subsection (1) does not apply if the company qualifies as medium-sized in relation to that financial year (see sections 465 to 467).

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Source: https://www.legislation.gov.uk/ukpga/2006/46/section/414CZA (the official version)
Page: https://openlegislation.uk/companies-act-2006/section-414CZA
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.