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

Effect of revision

9.—(1) Subject to the following provisions of these Regulations, upon the directors approving a revised report under Regulation 4 the provisions of the Act shall have effect as if the revised report was, as from the date of its approval, the directors' report in place of the original directors' report.

(2) In particular, the revised report shall thereupon be the directors' report for the relevant financial year for the purposes of:

(a) sections 239 (right to demand copies of accounts and reports); and

(b) sections 238 (persons entitled to receive copies of accounts and reports), 241 (accounts and reports to be laid before company in general meeting) and 242 (accounts and reports to be delivered to the registrar) if the requirements of those sections have not been complied with prior to the date of revision.