Version Superseded: 06/04/2008
Point in time view as at 30/04/2001. This version of this provision has been superseded.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 54.
54(1)If the company has issued any debentures during the financial year to which the accounts relate, the following information shall be given:
F1(a). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(b)the classes of debentures issued; and
(c)as respects each class of debentures, the amount issued and the consideration received by the company for the issue.
F2(2). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(3)Where any of the company’s debentures are held by a nominee of or trustee for the company, the nominal amount of the debentures and the amount at which they are stated in the accounting records kept by the company in accordance with section 221 of this Act shall be stated.
Textual Amendments
F1Sch. 9 Pt. I para. 54(1)(a) repealed (2.2.1996) by S.I. 1996/189, reg. 14(6), Sch. 4 paras. 1, 6 (with reg. 16)
F2Sch. 9 Pt. I para. 54(2) repealed (2.2.1996) by S.I. 1996/189, reg. 14(6), Sch. 4 paras. 1, 6 (with reg. 16)
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