SCHEDULES

SCHEDULE 11

F1Modifications where accounts prepared in accordance with special provisions for insurance companies

F27

Section 264(2) shall apply as if for the words in parentheses there were substituted “(“liabilities””to include any provision for other risks and charges within paragraph 84(c) of Part I of Schedule 9A and any amount included under Liabilities items Ba (fund for future appropriations), C (technical provisions) and D (technical provisions for linked liabilities) in a balance sheet drawn up in accordance with the balance sheet format set out in section B of Part I of Schedule 9A).

Annotations:
Amendments (Textual)

F2Sch. 11 para. 7 substituted (2.2.1996) by S.I 1996/189, reg. 14(8), Sch. 6 para. 2

F38

Section 269 shall apply as if the reference to paragraph 20 of Schedule 4 in subsection (2)(b) were a reference to paragraph 35 of Part I of Schedule 9A.

F49

F5In the case of Companies Act accounts, sections 270(2) and 275 shall apply as if the reference to provisions of any of the kinds mentioned in paragraphs 88 and 89 of Schedule 4 were a reference to provisions of any of the kinds mentioned in paragraph 84 of Part I of Schedule 9A and to any amount included under Liabilities items Ba (fund for future appropriations), C (technical provisions) and D (technical provisions for linked liabilities) in a balance sheet drawn up in accordance with the balance sheet format set out in section B of Part I of Schedule 9A.

F610

Sections 272 and 273 shall apply as if the references in section 272(3) to F7sections 226, 226A and 226B and Schedule 4 were references to section 255 and Part I of Schedule 9A.

F811

Section 276 shall apply as if the references to paragraphs 12(a) and 34(3)(a) of Schedule 4 X1 were references to paragraphs 16(a) and 29(3)(a) of Part I of Schedule 9A.

Annotations:
Amendments (Textual)

F8Sch. 11 paras. 7-11 substituted (19.12.1993) for Sch. 11 paras. 7-13 by S.I. 1993/3246, regs. 5(1), 6, 7, Sch. 2 para.8

Editorial Information

X1The references to paragraphs 12(a) and 34(3)(a) were inserted by section 23 of, and paragraph 7 of Schedule 10 to, the Companies Act 1989.

F9X212

Sections 272 and 273 apply as if in section 272(3)—

(a)

for the references to F10section 226 and Schedule 4 there were substituted references to F10section 255 and Part I of F11Schedule 9A, and

(b)

immediately before paragraph (a) there were inserted “except where the company is entitled to avail itself, and has availed itself, of any of the provisions of F12paragraph F13. . . 28 of F11Schedule 9A”.

F14X313

Section 275 applies as if—

(a)

for subsection (1) there were substituted—

“(1)

For purposes of section 263, any provision (within the meaning of F15Part I of F16Schedule 9A), other than one in respect of any diminution of value of a fixed asset appearing on a revaluation of all the fixed assets of the company, or of all its fixed assets other than goodwill, is to be treated as a realised loss”; and

(b)

“fixed assets” were defined to include any other asset which is not a current asset.