The Companies (Summary Financial Statement) Regulations 1990

Directors' report

2.  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(1) (Business review);

(b) the matters required by paragraph 6(a) of Schedule 7 to the 1985 Act(2) (Important post-balance sheet events);

(c) the matters required by paragraph 6(b) of that Schedule (3) (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.

(1)

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.

(2)

Paragraph 6(a) of Schedule 7 to the 1985 Act is amended by paragraph 2(2) of Schedule 5 to the 1989 Act.

(3)

Paragraph 6(b) of Schedule 7 to the 1985 Act is amended by paragraph 2(2) of Schedule 5 to the 1989 Act.