SCHEDULES

SCHEDULE 7 Special Provisions for Banking and Insurance Companies and Groups

Preliminary

Annotations:
Marginal Citations

Schedule 9 to the M1Companies Act 1985 is amended in accordance with this Schedule, as follows—

  1. a

    for the heading of the Schedule substitute “ SPECIAL PROVISIONS FOR BANKING AND INSURANCE COMPANIES AND GROUPS ”;

  2. b

    omit the introductory paragraph preceding Part I, together with its heading;

  3. c

    make the present provisions of Parts I to V of the Schedule (as amended by Part I of this Schedule) Part I of the Schedule, and accordingly—

    1. i

      for the descriptive Part heading before paragraph 2 substitute “ FORM AND CONTENT OF ACCOUNTS ”, and

    2. ii

      omit the Part headings before paragraphs 19, 27, 31 and 32;

  4. d

    the provisions of Parts II, III and IV of this Schedule have effect as Parts II, III and IV of Schedule 9 to the Companies Act 1985.