SCHEDULECONSEQUENTIAL AMENDMENTS OF THE 1986 ORDER

13

1

Article 259 (summary financial statements)16 is amended as follows.

2

Omit paragraph (2ZA).

3

In paragraph (2D)—

a

omit the words “(2ZA) or”, and

b

in sub-paragraphs (a) and (b) omit the words “review or”.

4

In paragraph (3) omit the words “or (in the case of a quoted company) operating and financial review”.

5

In paragraph (3A) for “, directors' report or operating and financial review” substitute “or directors' report”.

6

In paragraph (4)—

a

in sub-paragraph (aa) omit—

i

the words “or (in the case of a quoted company) the operating and financial review”, and

ii

the words “or review”;

b

omit sub-paragraph (ac);

c

in sub-paragraph (b)(i) omit—

i

the words “or operating and financial review”, and

ii

the words “or review”;

d

for sub-paragraph (ca) substitute—

ca

state whether, in that report, the auditor’s statement under Article 243(3). (whether directors' report is consistent with accounts) was qualified or unqualified and, if qualified, set out the qualified statement in full together with any further material needed to understand the qualification;