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18.—(1) Following any transfer of the Undertaking to the Company under article 5 (transfer of Undertaking) of this Order, the Company will publish audited annual accounts in line with UK GAAP and Part 15 of the 2006 Act as if it is not exempt from those requirements under section 477 of the 2006 Act .
(2) In this article, “UK GAAP” means the Generally Accepted Accounting Practice in the UK and is the body of accounting standards published by the UK’s Financial Reporting Council.
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