Companies Act 1985

702 Period allowed for delivering accounts

(1) In the case of an oversea company, the period allowed for delivering accounts in relation to an accounting reference period is 13 months after the end of the period.

(2) Where the company's first accounting reference period—

(a) begins or began on the date determined by the company for the purposes of section 701(4)(a) and

(b) is or was a period of more than 12 months,

the period which would otherwise be allowed for delivering accounts in relation to that accounting reference period is treated as reduced by the number of days by which the accounting reference period is or was longer than 12 months.

(3) But the period allowed in relation to a company's first accounting reference period is not by subsection (2) reduced to less than 3 months after the end of that accounting reference period.

(4) In relation to an accounting reference period of an oversea company as respects which notice is given by the company under section 225 (as applied) and which by virtue of that section is treated as shortened in accordance with the notice, the period allowed for delivering accounts is—

(a) the period allowed in relation to that accounting reference period in accordance with the preceding subsections, or

(b) the period of 3 months beginning with the date of the notice,

whichever of those periods last expires.

(5) If for any special reason the Secretary of State thinks fit to do so, he may by notice in writing to an oversea company extend, by such further period as may be specified in the notice, the period which in accordance with the preceding subsections is the period allowed for delivering accounts in relation to any accounting reference period of the company.