# The Takeovers Directive (Interim Implementation) Regulations 2006, Regulation 27: Summary financial statement


If, in accordance with section 251 of the Companies Act 1985 (or as the case may be Article 259 of the Companies (Northern Ireland) Order 1986), a company sends to an entitled person a summary financial statement instead of a copy of its directors' report the company shall—
(a) include in the statement the explanatory material required to be included in the directors' report by regulation 26(5); or
(b) send that material to the entitled person at the same time as it sends the statement.
For the purposes of paragraph (b), section 251(2A) to (2E) (or as the case may be Article 259(2A) to (2E)) applies in relation to the material referred to in that paragraph as it applies in relation to a summary financial statement.

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Source: https://www.legislation.gov.uk/uksi/2006/1183/regulation/27 (the official version)
Page: https://openlegislation.uk/takeovers-directive-interim-implementation-regulations-2006/regulation-27
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.