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

Content of revised accounts or a revised report

3.—(1) Subject to Regulation 16(1), the provisions of the Act as to the matters to be included in the annual accounts of a company shall apply to revised accounts as if the revised accounts were prepared and approved by the directors as at the date of the original annual accounts.

(2) In particular, sections 226(2) and 227(3) of the Act shall apply so as to require a true and fair view to be shown in the revised accounts of the matters therein referred to viewed as at the date of the original annual accounts.

(3) Paragraph 12(b) of Schedule 4 to the Act shall apply to revised accounts as if the reference therein to the date on which the accounts were signed was to the date of the original annual accounts.

(4) The provisions of the Act as to the matters to be included in a directors' report apply to a revised report as if the revised report was prepared and approved by the directors of the company as at the date of the original directors' report.