C10C9C4C5C6C8Part 15Accounts and reports
Pts. 1-39 modified (31.12.2020) by Regulation (EC) No. 2157/2001, Art. AAA1(3) (as inserted by The European Public Limited-Liability Company (Amendment etc.) (EU Exit) Regulations 2018 (S.I. 2018/1298), regs. 1, 97 (with regs. 140-145) (as amended by S.I. 2020/523, regs. 1(2), 5(a)-(f)); 2020 c. 1, Sch. 5 para. 1(1))
Pt. 15 applied (with modifications) (6.4.2008) by The Bank Accounts Directive (Miscellaneous Banks) Regulations 2008 (S.I. 2008/567), reg. 4, Sch. para. 1 (with Sch. para. 11)
Pt. 15 applied (with modifications) (6.4.2008) by The Partnerships (Accounts) Regulations 2008 (S.I. 2008/569), regs. 4, 7, Sch. Pt. 1
Pt. 15 applied (with modifications) (1.10.2009) by The Unregistered Companies Regulations 2009 (S.I. 2009/2436), regs. 3-5, Sch. 1 para. 16 (with transitional provisions and savings in regs. 7, 9, Sch. 2)
Pts. 1-39 (except for Pt. 7 and ss. 662-669), 45-47 extended (12.5.2011) by The Companies Act 2006 (Consequential Amendments and Transitional Provisions) Order 2011 (S.I. 2011/1265), art. 5(1), Sch. 1 para. 2
C12C10Chapter 11Revision of defective accounts and reports
Pt. 15 Ch. 11 applied (with modifications) in part (31.7.2015) by The European Grouping of Territorial Cooperation Regulations 2015 (S.I. 2015/1493), regs. 1(2), 7(1) (with reg. 11)
Voluntary revision
C1I1C7C13C11454Voluntary revision of accounts etc
1
If it appears to the directors of a company that—
a
the company's annual accounts,
b
the directors' remuneration report or the directors' report, or
F7c
a strategic report of the company,
did not comply with the requirements of this Act F6..., they may prepare revised accounts or a revised report or statement.
2
Where copies of the previous accounts or report have been sent out to members, delivered to the registrar or (in the case of a public company) laid before the company in general meeting, the revisions must be confined to—
a
the correction of those respects in which the previous accounts or report did not comply with the requirements of this Act F8..., and
b
the making of any necessary consequential alterations.
3
The Secretary of State may make provision by regulations as to the application of the provisions of this Act in relation to—
a
revised annual accounts,
b
a revised directors' remuneration report or directors' report, or
F1c
a revised strategic report of the company.
4
The regulations may, in particular—
a
make different provision according to whether the previous accounts F2or report are replaced or are supplemented by a document indicating the corrections to be made;
C2C3b
make provision with respect to the functions of the company's auditor in relation to the revised accounts F3or report ;
c
require the directors to take such steps as may be specified in the regulations where the previous accounts or report have been—
i
sent out to members and others under section 423,
ii
laid before the company in general meeting, or
iii
delivered to the registrar,
d
apply the provisions of this Act (including those creating criminal offences) subject to such additions, exceptions and modifications as are specified in the regulations.
5
Regulations under this section are subject to negative resolution procedure.
Pt. 15 applied (with modifications) (8.12.2017) by The Risk Transformation Regulations 2017 (S.I. 2017/1212), regs. 1(2), 162, 163 (with reg. 189)