Option to provide [strategic report with supplementary material]U.K.
426Option to provide [strategic report with supplementary material]U.K.
(1)A company may—
(a)in such cases as may be specified by regulations made by the Secretary of State, and
(b)provided any conditions so specified are complied with,
provide a [copy of the strategic report together with the supplementary material described in section 426A] instead of copies of the accounts and reports required to be sent out in accordance with section 423.
(2)Copies of those accounts and reports must, however, be sent to any person entitled to be sent them in accordance with that section and who wishes to receive them.
(3)The Secretary of State may make provision by regulations as to the manner in which it is to be ascertained, whether before or after a person becomes entitled to be sent a copy of those accounts and reports, whether he wishes to receive them.
(4). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(5)This section applies to copies of accounts and reports required to be sent out by virtue of section 146 to a person nominated to enjoy information rights as it applies to copies of accounts and reports required to be sent out in accordance with section 423 to a member of the company.
(6)Regulations under this section are subject to negative resolution procedure.
Textual Amendments
Modifications etc. (not altering text)
Commencement Information
[426ASupplementary materialU.K.
(1)The supplementary material referred to in section 426 must be prepared in accordance with this section.
(2)The supplementary material must—
(a)contain a statement that the strategic report is only part of the company’s annual accounts and reports;
(b)state how a person entitled to them can obtain a full copy of the company’s annual accounts and reports;
(c)state whether the auditor’s report on the annual accounts was unqualified or qualified and, if it was qualified, set out the report in full together with any further material needed to understand the qualification;
(d)state whether, in that report, the auditor’s statement under section 496 (whether strategic report and directors’ report consistent with the accounts) was unqualified or qualified and, if it was qualified, set out the qualified statement in full together with any further material needed to understand the qualification;
(e) in the case of a quoted company, contain a copy of that part of the directors’ remuneration report which sets out the single total figure table in respect of the company’s directors’ remuneration in accordance with the requirements of Schedule 8 to the Large and Medium-sized Companies (Accounts and Reports) Regulations 2008 ( S.I. 2008/410 ). ]
427Form and contents of summary financial statement: unquoted companiesU.K.
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
428Form and contents of summary financial statement: quoted companiesU.K.
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
...Summary financial statements: offencesU.K.
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Textual Amendments
Modifications etc. (not altering text)