SCHEDULES

SCHEDULE 23 Transitional provisions

Part II Other transitional provisions

Disclosure of political donations and expenditure in directors’ report

13

The provisions of Schedule 7 to the Companies Act 1985 substituted by section 140 of this Act shall, in the case of any company (within the meaning of that Act), apply only in relation to directors’ reports for financial years beginning on or after the first anniversary of the date which is the relevant date for the company for the purposes of paragraph 12.