SCHEDULE 1CONSEQUENTIAL AMENDMENTS OF THE 1985 ACT

11

1

Section 245B (application to court in respect of defective accounts, reports and reviews)13 is amended as follows.

2

In subsection (1), omit—

a

the words “or operating and financial review”, and

b

the words “or review”.

3

In subsection (3A)—

a

omit the words “or a revised operating and financial review”;

b

in paragraph (a), omit the words “or operating and financial review”;

c

in paragraph (b), omit the words “, operating and financial review”;

d

in paragraph (c), omit the words “or review”.

4

In subsection (4)—

a

for “, report or review” substitute “or report”;

b

in paragraph (b), omit the words “or review”;

c

for “defective accounts, report or review” substitute “defective accounts or report”;

d

for “approval of the accounts, report or review” substitute “approval of the accounts or report”.

5

In subsection (5), for “, report or review” (in both places) substitute “or report”.

6

In subsection (7)—

a

for “, revised directors' reports and revised operating and financial reviews” substitute “and revised directors' reports”, and

b

for “, reports or reviews” (in both places) substitute “or reports”.