OpenLegislation

Paragraph 5 Net asset restriction on public companies distributions

Original text. Later amendments are not shown.

The specified provisions for the purposes of section 831(3)(a) of the 2006 Act (Companies Act accounts: net asset restriction on public company distributions) are—

(a)

provisions within paragraph 2 of this Schedule, and

(b)

in the case of an insurance company, any amount included under liabilities items Ba (fund for future appropriations), C (technical provisions) and D (technical provisions for linked liabilities) in a balance sheet drawn up in accordance with Schedule 3 to these Regulations.