SCHEDULES

SCHEDULE 10 U.K. Amendments Consequential on Part I

Part I U.K. Amendments of the Companies Act 1985

8 For section 279 substitute—

“279 Distributions by banking or insurance companies.

Where a company’s accounts relevant for the purposes of this Part are prepared in accordance with the special provisions of Part VII relating to banking or insurance companies, sections 264 to 275 apply with the modifications shown in Schedule 11.”.