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Memorandwm Esboniadol
26. In section 270(2) (distribution to be justified by reference to company’s accounts), in paragraph (b)–
(a)at the beginning insert—
“the following provisions–
(i)in the case of Companies Act individual accounts,”;
(b)after “etc)” insert—
“, and
(ii)in the case of IAS individual accounts , provisions of any kind”.