The Companies Act 1985 (International Accounting Standards and Other Accounting Amendments) Regulations 2004

21.—(1) Section 262A (index of defined expressions)(1) is amended as follows.

(2) At the appropriate places insert the following defined expressions–

“Companies Act accounts

Section 262(1)”

“Companies Act group accounts

Sections 227(2) and 255A(6A)”

“Companies Act individual accounts

Sections 226(2) and 255(4A)”

“group accounts

Section 227(1)”

“IAS accounts

Section 262(1)”

“IAS group accounts

Section 227(2) and (3)”

“IAS individual accounts

Section 226(2)”

“IAS Regulation

Section 262(1)”

“international accounting standards

Section 262(1)”.

(3) After the entry for “profit and loss account (includes notes)” insert–

“(in relation to IAS accounts)

Section 262(1)”.

(4) For the entry for “true and fair view” substitute–

“true and fair view

Section 262(2A)”.

(1)

Section 262A was inserted by section 22 of the Companies Act 1989, and amended by regulation 6 of, and paragraph 3 of Schedule 2 to, S.I. 1991/2705, by regulation 5 of, and paragraph 5 of Schedule 2 to, S.I. 1993/3246, by regulation 4(2) of S.I. 1994/233, by regulation 4 of, and paragraph 3 of Schedule 1 to, S.I. 1994/1935, by regulation 12(2) of S.I. 1996/189, by regulation 7 of S.I. 1997/220, by regulation 4(4) of S.I. 1997/2306, by article 16(2) of S.I. 2000/3373 and by regulation 10 of S.I. 2002/1986.