Paragraph 2 Directors' report

The summary financial statement shall contain the whole of, or a summary of, that portion of the directors' report for the year in question which sets out the following matters:

(a)

the matters required by section 234(1)(a) of the 1985 Act^f1 (Business review);

(b)

the matters required by paragraph 6(a) of Schedule 7 to the 1985 Act^f2 (Important post-balance sheet events);

(c)

the matters required by paragraph 6(b) of that Schedule ^f3 (Likely future developments in the business);

and shall also contain the whole of:

(d)

the list of names of directors required by section 234(2) of the 1985 Act.

Annotations

Footnotes

f1: Section 234 is inserted into the 1985 Act in place of the existing section of that number by sections 1 and 8 of the 1989 Act.
f2: Paragraph 6(a) of Schedule 7 to the 1985 Act is amended by paragraph 2(2) of Schedule 5 to the 1989 Act.
f3: Paragraph 6(b) of Schedule 7 to the 1985 Act is amended by paragraph 2(2) of Schedule 5 to the 1989 Act.