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The Companies (Summary Financial Statement) Amendment Regulations 2002
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- UK Statutory Instruments
- 2002 No. 1780
- Regulation 7
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Form and content of summary financial statement of insurance companies and groups
7. In Schedule 3 to the Regulations—
(1) Insert after paragraph 3—
“Summary of paragraph 1(1) of Schedule 6 to the 1985 Act and of the directors' remuneration report
3A. The summary financial statement shall contain the whole of, or a summary of—
(a)that portion of the notes to the accounts for the year in question which set out the information required by paragraph 1(1) of Part I of Schedule 6 to the 1985 Act (Aggregate amount of directors' emoluments etc); and
(b)to the extent that the company is required to produce a directors' remuneration report, those portions of the directors' remuneration report for the year in question which set out the matters required by paragraphs 3 (Statement of company’s policy on directors' remuneration) and 4 (Performance graph) of Schedule 7A to the 1985 Act.”; and
(2) Omit paragraph 4(4).
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