Version Superseded: 06/04/2008
Point in time view as at 30/04/2001. This version of this provision has been superseded.
There are currently no known outstanding effects for the Companies Act 1985, Paragraph 53.
53(1)Subject to the following provisions of this paragraph, each of the amounts mentioned below shall be stated.
(2)The amount of the interest on or any similar charges in respect of—
(a)bank loans and overdrafts, F1. . .
F1(i). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
F1(ii). . .; and
(b)loans of any other kind made to the company.
This sub-paragraph does not apply to interest or charges on loans to the company from [F2group undertakings], but, with that exception, it applies to interest or charges on all loans, whether made on the security of debentures or not.
F3(3). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
F3(4). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
F3(5). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
F3(6). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(7). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . F4
Textual Amendments
F1Words in Sch. 4 para. 53(2)(a) repealed (2.2.1996) by S.I. 1996/189, reg. 14(1), Sch. 1 para. 11(2) (with reg. 16)
F2Words substituted by Companies Act 1989 (c. 40, SIF 27), ss. 4(2), 213(2), Sch. 1 para. 2(1) (subject to the transitional and saving provisions in S.I. 1990/355, arts. 6–9, Sch. 2)
F3Sch. 4 para. 53(3)-(6) repealed (2.2.1996) by S.I. 1996/189, reg. 14(1) Sch. 1 para. 11(3) (with reg. 16)
F4Sch. 4 Pt. III para. 53(7) repealed (subject to the transitional and saving provisions mentioned in S.I. 1990/355, art. 5) by Companies Act 1989 (c. 40, SIF 27), ss. 212, 213, Sch. 24
All content is available under the Open Government Licence v3.0 except where otherwise stated. This site additionally contains content derived from EUR-Lex, reused under the terms of the Commission Decision 2011/833/EU on the reuse of documents from the EU institutions. For more information see the EUR-Lex public statement on re-use.
