{
  "url": "https://openlegislation.uk/companies-defective-accounts-authorised-person-order-2005/note",
  "json_url": "https://openlegislation.uk/companies-defective-accounts-authorised-person-order-2005/note.json",
  "legislation": "uksi/2005/699",
  "legislation_title": "The Companies (Defective Accounts) (Authorised Person) Order 2005",
  "legislation_url": "https://openlegislation.uk/companies-defective-accounts-authorised-person-order-2005",
  "path": "note",
  "kind": "note",
  "number": null,
  "heading": "Explanatory note",
  "text": "(This note is not part of the Order)\nThis Order authorises the Financial Reporting Review Panel established under The Financial Reporting Review Panel Limited for the purposes of section 245B of the Companies Act 1985. The Panel is authorised to make an application to the court under that section for a declaration or a declarator that the annual accounts of a company do not comply with the requirements of that Act and an order requiring the directors of the company to prepare revised accounts. In addition the Panel may under section 245F of that Act require certain persons to produce documents or provide the Panel with information and explanations.\nArticle 4 contains requirements for record keeping in relation to the performance of the functions that the Panel exercises by virtue of its authorisation.\nArticle 5 revokes The Companies (Defective Accounts) (Authorised Person) Order 1991 under which The Financial Reporting Review Panel Limited was authorised for the purposes of section 245B of the Companies Act 1985.\nArticle 6 makes a transitional provision in relation to proceedings under section 245B.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/2005/699/note",
    "retrieved_at": "2026-10-29T05:03:54.326948+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."
}