SCHEDULE 1TRANSITIONAL ADAPTATIONS OF PROVISIONS BROUGHT INTO FORCE

PART 1PROVISIONS COMING INTO FORCE ON 6TH APRIL 2008

Authentication of accounts and reports filed with registrar (ss.444 to 447 and 449)8

1

Section 446 (filing obligations of unquoted companies) has effect with the following adaptations.

2

For subsection (3) substitute—

3

The copy of the balance sheet delivered to the registrar under this section must—

a

state the name of the person who signed it on behalf of the board under section 414, and

b

be signed on behalf of the board by a director of the company.

3A

The copy of the directors’ report delivered to the registrar under this section must—

a

state the name of the person who signed it on behalf of the board under section 419, and

b

be signed on behalf of the board by a director or the secretary of the company.

3

For subsection (4) substitute—

4

The copy of the auditor’s report delivered to the registrar under this section must—

a

state the name of the auditor and (where the auditor is a firm) the name of the person who signed it as senior statutory auditor, and

b

be signed by the auditor or (where the auditor is a firm) in the name of the firm by a person authorised to sign on its behalf,

or, if the conditions in section 506 (circumstances in which names may be omitted) are met, state that a resolution has been passed and notified to the Secretary of State in accordance with that section.