Books > Old Books > Poetry Northwest (1959)


Page 314

APPENDIX 2
COMPANIES ACT, 1948-4TH SCHEDULE

(b) the assets and liabilities of the business at the last date to which the accounts of the business were made up.
21.-(1) If
(a) the proceeds, or any part of the proceeds, of the issue of the shares or debentures are or is to be applied directly or indirectly in any manner resulting in the acquisition by the company of shares in any other body corporate; and
(b) by reason of that acquisition or anything to be done in consequence thereof or in connection therewith that body corporate will become a subsidiary of the company;
a report made by accountants (who shall be named in the prospectus) upon
(i)the profits or losses of the other body corporate in respect of each of the five financial years immediately preceding the issue of the prospectus; and
(ii) the assets and liabilities of the other body corporate at the last date to which the accounts of the body corporate were made up.
(2) The said report shall
(a) indicate how the profits or losses of the other body corporate dealt with by the report would, in respect of the shares to be acquired, have concerned members of the company and what allowance would have fallen to be made, in relation to assets and liabilities so dealt with, for holders of other shares, if the company had at all material times held the shares to be acquired; and
(b) where the other body corporate has subsidiaries, deal with the profits, or losses and the assets and liabilities of the body corporate and its subsidiaries in the manner provided by sub-paragraph (3) of paragraph 19 of this Schedule in relation to the company and its subsidiaries.

PART III
PROVISIONS APPLYING TO PARTS I AND II OF SCHEDULE
22. Paragraphs 2, 3, 12 (so far as it relates to preliminary expenses) and 16 of this Schedule shall not apply in the case of a prospectus issued more than two years after the date at which the company is entitled to commence business.
23. Every person shall for the purposes of this Schedule, be deemed to be a vendor who has entered into any contract, absolute or conditional, for the sale or purchase, or for any option of purchase, of any property to be acquired by the company, in any case where
(a) the purchase money is not fully paid at the date of the issue of the prospectus;

travel books:
where is HTML where is HEAD where is TITLE (b) what is assets and liabilities of what is business at what is last date to which what is accounts of what is business were made up. 21.-(1) If (a) what is proceeds, or any part of what is proceeds, of what is issue of what is shares or debentures are or is to be applied directly or indirectly in any manner resulting in what is acquisition by what is company of shares in any other body corporate; and (b) by reason of that acquisition or anything to be done in consequence thereof or in connection therewith that body corporate will become a subsidiary of what is company; a report made by accountants (who shall be named in what is prospectus) upon (i)the profits or losses of what is other body corporate in respect of each of what is five financial years immediately preceding what is issue of what is prospectus; and (ii) what is assets and liabilities of what is other body corporate at what is last date to which what is accounts of what is body corporate were made up. (2) what is said report shall (a) indicate how what is profits or losses of what is other body corporate dealt with by what is report would, in respect of what is shares to be acquired, have concerned members of what is company and what allowance would have fallen to be made, in relation to assets and liabilities so dealt with, for holders of other shares, if what is company had at all material times held what is shares to be acquired; and (b) where what is other body corporate has subsidiaries, deal with what is profits, or losses and what is assets and liabilities of what is body corporate and its subsidiaries in what is manner provided by sub-paragraph (3) of paragraph 19 of this Schedule in relation to what is company and its subsidiaries. PART III PROVISIONS APPLYING TO PARTS I AND II OF SCHEDULE 22. Paragraphs 2, 3, 12 (so far as it relates to preliminary expenses) and 16 of this Schedule shall not apply in what is case of a prospectus issued more than two years after what is date at which what is company is entitled to commence business. 23. Every person shall for what is purposes of this Schedule, be deemed to be a vendor who has entered into any contract, absolute or conditional, for what is sale or purchase, or for any option of purchase, of any property to be acquired by what is company, in any case where (a) what is purchase money is not fully paid at what is date of what is issue of what is prospectus; where is meta name="keywords" content="old books, Free book , free book offer , free audio books , free coloring book pages , free book reports , free audio book , audio books free download , book free , free guest book , books free , free book summaries , download free audio books , free childrens books." where is where are they now rel="stylesheet" type="text/css" href="../../style.css" where is meta http-equiv="Content-Type" content="text/html; charset=iso-8859-1" where is BODY bgColor=#ffffff text="#000000" where are they now ="#000000" v where are they now ="#FF0000" where is div align="center" where is strong where is strong where is a href="http://www.aaoldbooks.com" Books > where is a href="../default.asp" title="Book" Old Books > where is strong where is a href="default.asp" Poetry Northwest (1959) where is table width="700" border="1" align="center" cellpadding="15" cellspacing="0" where is center where is tr where is td width="160" align="center" valign="top" where is div align="center" where is td align="center" valign="top" where is div align="left" where is div align="center" where is p align="left" Page 314 where is strong APPENDIX 2 COMPANIES ACT, 1948-4TH SCHEDULE where is p align="justify" (b) what is assets and liabilities of what is business at what is last date to which what is accounts of what is business were made up. 21.-(1) If (a) what is proceeds, or any part of what is proceeds, of what is issue of what is shares or debentures are or is to be applied directly or indirectly in any manner resulting in what is acquisition by what is company of shares in any other body corporate; and (b) by reason of that acquisition or anything to be done in consequence thereof or in connection therewith that body corporate will become a subsidiary of what is company; a report made by accountants (who shall be named in what is prospectus) upon (i)the profits or losses of what is other body corporate in respect of each of what is five financial years immediately preceding what is issue of what is prospectus; and (ii) what is assets and liabilities of what is other body corporate at what is last date to which what is accounts of what is body corporate were made up. (2) what is said report shall (a) indicate how what is profits or losses of what is other body corporate dealt with by what is report would, in respect of what is shares to be acquired, have concerned members of what is company and what allowance would have fallen to be made, in relation to assets and liabilities so dealt with, for holders of other shares, if what is company had at all material times held what is shares to be acquired; and (b) where what is other body corporate has subsidiaries, deal with what is profits, or losses and what is assets and liabilities of what is body corporate and its subsidiaries in what is manner provided by sub-paragraph (3) of paragraph 19 of this Schedule in relation to what is company and its subsidiaries. PART III PROVISIONS APPLYING TO PARTS I AND II OF SCHEDULE 22. Paragraphs 2, 3, 12 (so far as it relates to preliminary expenses) and 16 of this Schedule shall not apply in what is case of a prospectus issued more than two years after what is date at which what is company is entitled to commence business. 23. Every person shall for what is purposes of this Schedule, be deemed to be a vendor who has entered into any contract, absolute or conditional, for what is sale or purchase, or for any option of purchase, of any property to be acquired by what is company, in any case where (a) what is purchase money is not fully paid at what is date of what is issue of what is prospectus; where is Server.Execute("_SiteMap.asp") %

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