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Paragraph 2 Summary directors' reportI1

Northern Ireland Not yet in force

Changes not yet applied. Later legislation changes this provision in ways not yet written into the text below:

(1)

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 set out the following matters—

(a)

the matters required by Article 242(1)(a) of the 1986 Order (business review);

(b)

the amount recommended to be paid as dividend, if not disclosed in the summary profit and loss account;

(c)

the matters required by paragraph 6(a) of Schedule 7 to the 1986 Order (important post-balance sheet events); and

(d)

the matters required by paragraph 6(b) of that Schedule (likely future developments in the business).

(2)

The summary financial statement shall also contain the list of names of directors required by Article 242(2) of the 1986 Order.

Annotations

Commencement

I1

Sch. 2 para. 2 in operation at 10.6.1996, see reg. 1