The Companies (Revision of Defective Accounts and Report) Regulations 1990

Laying of revised accounts or a revised report

11.—(1) This Regulation has effect where the directors have prepared revised accounts or a revised report under section 245 of the Act and copies of the original annual accounts or report have been laid before a general meeting under section 241 of the Act.

(2) A copy of the revised accounts or (as the case may be) the revised report, together with a copy of the auditors' report on those accounts, or (as the case may be) on that report, shall be laid before the next general meeting of the company held after the date of revision at which any annual accounts for a financial year are laid, unless the revised accounts, or (as the case may be) the revised report, have already been laid before an earlier general meeting.

(3) Section 241(2) to (4) shall apply with respect to a failure to comply with the requirements of this Regulation as they have effect with respect to a failure to comply with the requirements of section 241(1) but as if:

(a) the reference in section 241(2) to “the period allowed for laying and delivering accounts and reports” was a reference to the period between the date of revision of the revised accounts or (as the case may be) the revised report and the date of the next general meeting of the company held after the date of revision at which any annual accounts for a financial year are laid; references in section 241(2) and (3) to “that period” shall be construed accordingly; and

(b) the references in section 241(4) to “the documents in question” and “this Part” were, respectively, a reference to the documents referred to in the last paragraph and the provisions of Part VII of the 1985 Act as applied by these Regulations.