- Latest available (Revised)
- Point in Time (02/12/1991)
- Original (As enacted)
Version Superseded: 19/12/1993
Point in time view as at 02/12/1991. This version of this provision has been superseded.
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Companies Act 1985, Section 262A is up to date with all changes known to be in force on or before 21 July 2024. There are changes that may be brought into force at a future date. Changes that have been made appear in the content and are referenced with annotations.
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The following Table shows the provisions of this Part defining or otherwise explaining expressions used in this Part (other than expressions used only in the same section or paragraph)—
accounting reference date and accounting reference period | section 224 |
accounting standards and applicable accounting standards | section 256 |
annual accounts (generally) | section 262(1) |
(includes notes to the accounts) | section 261(2) |
annual report | section 262(1) |
associated undertaking (in Schedule 4A) | paragraph 20 of that Schedule |
balance sheet (includes notes) | section 261(2) |
balance sheet date | section 262(1) |
[F2banking activities (in Schedule 9)] | [F2paragraph 82 of Part I of that Schedule] |
banking group | [F3section 255A(4)] |
[F2banking transactions (in Schedule 9)] | [F2paragraph 82 of Part I of that Schedule] |
capitalisation (in relation to work or costs) | section 262(1) |
credit institution | section 262(1) |
current assets | section 262(1) |
fellow subsidiary undertaking | section 259(4) |
[F2financial fixed assets (in Schedule 9)] | [F2paragraph 82 of Part I of that Schedule] |
financial year | section 223 |
fixed assets | section 262(1) |
group | section 262(1) |
group undertaking | section 259(5) |
[F4historical cost accounting rules] | |
[F4- in Schedule 4] | [F4paragraph 29 of that Schedule] |
[F4-in Schedule 9] | [F4paragraph 39 of Part I of that Schedule] |
included in the consolidation and related expressions | section 262(1) |
individual accounts | section 262(1) |
insurance group | [F3section 255A(5)] |
land of freehold tenure and land of leasehold tenure (in relation to Scotland)— in Schedule 4 | paragraph 93 of that Schedule |
[F5-in Schedule 9] | [F5paragraph 86 of Part I of that Schedule] |
—in [F6 Schedule 9A] | paragraph 36 of that Schedule |
lease, long lease and short lease— in Schedule 4 | paragraph 83 of that Schedule |
[F5- in Schedule 9] | [F5paragraph 82 of Part I of that Schedule] |
—in [F6 Schedule 9A] | paragraph 34 of that Schedule |
listed investment—in Schedule 4 | paragraph 84 of that Schedule |
—in [F6Schedule 9A] | paragraph 33 of that Schedule |
[F2listed security (in Schedule 9)] | [F2paragraph 82 of Part I of that Schedule] |
notes to the accounts | section 261(1) |
parent undertaking (and parent company) | section 258 and Schedule 10A |
participating interest | section 260 |
[F4pension costs] | |
[F4-in Schedule 4] | [F4paragraph 94(2) and (3) of that Schedule] |
[F4- in Schedule 9] | [F4paragraph 87(b) and (c) of Part I of that Schedule] |
period allowed for laying and delivering accounts and reports | section 244 |
profit and loss account(includes notes) | section 261(2) |
(in relation to a company not trading for profit) | section 262(2) |
provision—in Schedule 4 | paragraphs 88 and 89 of that Schedule |
[F5- in Schedule 9] | [F5paragraph 85 of Part I of that Schedule] |
—in [F6Schedule 9A] | paragraph 32 of that Schedule |
purchase price | section 262(1) |
qualified | section 262(1) |
realised losses and realised profits | section 262(3) |
[F2repayable on demand (in Schedule 9)] | [F2paragraph 82 of Part I of that Schedule] |
reserve (in [F6Schedule 9A]) | paragraph 32 of that Schedule |
[F2saleand option to resell transaction (in Schedule 9)] | [F2paragraph 82 of Part I of that Schedule] |
[F2sale and repurchase transaction (in Schedule 9)] | [F2paragraph 82 of Part I of that Schedule] |
shares | section 259(2) |
[F4social security costs] | |
[F4-in Schedule 4] | [F4paragraph 94(1) and (3) of that Schedule] |
[F4- in Schedule 9] | [F4paragraph 87(a) and (c) of Part I of that Schedule] |
special provisions for banking and insurance companies and groups | sections 255 and 255A |
subsidiary undertaking | section 258 and Schedule 10A |
true and fair view | section 262(1) |
turnover | section 262(1) |
undertaking and related expressions | section 259(1) to (3)] |
Textual Amendments
F1New ss. 259–262A inserted (subject to the saving and transitional provisions in S.I. 1990/355, arts. 6–9, Sch. 2) by Companies Act 1989 (c. 40, SIF 27), ss. 1, 22, 213(2) as part of the text inserted in place of ss. 221–262 (as mentioned in s. 1(a) of the 1989 Act)
F2S. 262A: entries inserted (2.12.1991) by S.I. 1991/2705, regs. 6, 9, Sch. 2 para. 3(c).
F3References in s. 262A substituted (2.12.1991) by S.I. 1991/2705, regs. 6, 9, Sch. 2 para. 3(a).
F4S. 262A: entries substituted (2.12.1991) by S.I. 1991/2705, regs. 6, 9, Sch. 2 para. 3(d).
F5Words in s. 262A inserted (2.12.1991) by S.I. 1991/2705, regs. 6, 9, Sch. 2 para. 3(e).
F6Words in s. 262A substituted (2.12.1991) by S.I. 1991/2705, regs. 6, 9, Sch. 2 para. 3(b).
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