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Companies Act 1989
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Changes over time for: Paragraph 7
Version Superseded: 06/04/2008
Alternative versions:
- 01/02/1991- Amendment
- 06/03/1992
Point in time - Stop date 06/04/2008- Amendment
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Point in time view as at 06/03/1992. This version of this provision has been superseded.
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7(1)Where the directors of a company take advantage of the exemptions conferred by Part I or Part II of this Schedule, the company’s balance sheet shall contain—
(a)a statement that advantage is taken of the exemptions conferred by Part I or, as the case may be, Part II of this Schedule, and
(b)a statement of the grounds on which, in the directors’ opinion, the company is entitled to those exemptions.
(2)The statements shall appear in the balance sheet immediately above the signature required by section 233.
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