The Companies Act 1985 (Miscellaneous Accounting Amendments) Regulations 1996

17.—(1) Paragraph 20 (shares and debentures of company held by subsidiary undertakings) is amended as follows.

(2) In sub-paragraph (1), omit the words “and debentures of”.

(3) In sub-paragraphs (2) and (3) omit “or debentures”.