SCHEDULES

SCHEDULE 9U.K.Removal of special provisions about accounts and audit of charitable companies

Part 1 U.K.The Companies Act 1985 (c. 6)

1U.K.In section 240 (requirements in connection with publication of accounts)—

(a)in subsection (1) omit from “or, as the case may be,” to “section 249A(2)”;

(b)in subsection (3)(c) omit from “and, if no such report” to “any financial year”;

(c)after subsection (3)(c) insert “ , and ”;

(d)omit subsection (3)(e) and the “, and” preceding it;

(e)in the closing words of subsection (3) omit from “or any report” to “section 249A(2)”.

2U.K.In section 245 (voluntary revision of annual accounts or directors' report), in subsection (4)(b) omit “or reporting accountant”.

3U.K.In section 249A (exemptions from audit)—

(a)omit subsections (2), (3A) and (4);

(b)in subsection (6) for “figures for turnover or gross income” substitute “ figure for turnover ”;

(c)in subsection (6A) omit “or (2)”;

(d)in subsection (7) omit the definition of “gross income” and the “, and” preceding it.

4U.K.In section 249B (cases where exemptions not available)—

(a)in the opening words of subsection (1) omit “or (2)”;

(b)in subsection (1C)(b) omit from “where the company referred to” to “is not a charity”;

(c)in subsection (3) omit “or (2)”;

(d)in subsection (4), in the opening words and in paragraph (a), omit “or (2)”.

5U.K.Omit section 249C (report required for purposes of section 249A(2)).

6U.K.Omit section 249D (the reporting accountant).

7U.K.In section 249E (effect of exemptions) omit subsection (2).

8U.K.In section 262A (index of defined expressions) omit the entry for “reporting accountant”.