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APPENDIX 4
COMPANIES ACT, 1948-8TH SCHEDULE

(3) For the purposes of this paragraph a company shall be deemed to be the wholly owned subsidiary of an assurance company if it has no members except the assurance company and the assurance company's wholly owned subsidiaries and its or their nominees.
25.-(1) A company to which this paragraph applies shall not be subject to the following requirements of this Schedule, that is to say
(a) as respects its balance sheet, those of paragraph 4 (except so far as the said paragraph relates to fixed and current assets) and paragraphs 5, 6 and 7; and
(b) as respects its profit and loss account, those of sub-paragraph (1) (a), (e) and (f) of paragraph 12;
but a company taking advantage of this paragraph shall be subject, instead of the said requirements, to any prescribed conditions as respects matters to be stated in its accounts or by way of note thereto and as respects information to be furnished to the Board of Trade or a person authorised by them to require it.
(2) The accounts of a company shall not be deemed, by reason only of the fact that they do not comply with any requirements of Part I of this Schedule from which the company is exempt by virtue of this paragraph, not to give the true and fair view required by this Act.
(3) This paragraph applies to companies of any class prescribed for the purposes thereof, and a class of companies may be so prescribed if it appears to the Board of Trade desirable in the national interest;
Provided that, if the Board of Trade are satisfied that any of the conditions prescribed for the purposes of this paragraph has not been complied with in the case of any company, they may direct that so long as the direction continues in force this paragraph shall not apply to the company.
26. Where a company entitled to the benefit of any provision contained in this Part of this Schedule is a holding company, the reference in Part II of this Schedule to consolidated accounts complying with the requirements of this Act shall, in relation to consolidated accounts of that company, be construed as referring to those requirements in so far only as they apply to the separate accounts of that company.

PART IV
INTERPRETATION OF SCHEDULE
27.-(1) For the purposes of this Schedule, unless the context otherwise requires,
(a) the expression " provision " shall, subject to sub-paragraph (2) of this paragraph, mean any amount written off or retained by way of providing for depreciation, renewals or diminution in value of assets or retained by way of providing for any known liability of which the amount cannot be determined with substantial accuracy;

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where is HTML where is HEAD where is TITLE (3) For what is purposes of this paragraph a company shall be deemed to be what is wholly owned subsidiary of an assurance company if it has no members except what is assurance company and what is assurance company's wholly owned subsidiaries and its or their nominees. 25.-(1) A company to which this paragraph applies shall not be subject to what is following requirements of this Schedule, that is to say (a) as respects its balance sheet, those of paragraph 4 (except so far as what is said paragraph relates to fixed and current assets) and paragraphs 5, 6 and 7; and (b) as respects its profit and loss account, those of sub-paragraph (1) (a), (e) and (f) of paragraph 12; but a company taking advantage of this paragraph shall be subject, instead of what is said requirements, to any prescribed conditions as respects matters to be stated in its accounts or by way of note thereto and as respects information to be furnished to what is Board of Trade or a person authorised by them to require it. (2) what is accounts of a company shall not be deemed, by reason only of what is fact that they do not comply with any requirements of Part I of this Schedule from which what is company is exempt by virtue of this paragraph, not to give what is true and fair view required by this Act. (3) This paragraph applies to companies of any class prescribed for what is purposes thereof, and a class of companies may be so prescribed if it appears to what is Board of Trade desirable in what is national interest; Provided that, if what is Board of Trade are satisfied that any of what is conditions prescribed for what is purposes of this paragraph has not been complied with in what is case of any company, they may direct that so long as what is direction continues in force this paragraph shall not apply to what is company. 26. Where a company entitled to what is benefit of any provision contained in this Part of this Schedule is a holding company, what is reference in Part II of this Schedule to consolidated accounts complying with what is requirements of this Act shall, in relation to consolidated accounts of that company, be construed as referring to those requirements in so far only as they apply to what is separate accounts of that company. PART IV INTERPRETATION OF SCHEDULE 27.-(1) For what is purposes of this Schedule, unless what is context otherwise requires, (a) what is expression " provision " shall, subject to sub-paragraph (2) of this paragraph, mean any amount written off or retained by way of providing for depreciation, renewals or diminution in value of assets or retained by way of providing for any known liability of which what is amount cannot be determined with substantial accuracy; 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 332 where is strong APPENDIX 4 COMPANIES ACT, 1948-8TH SCHEDULE where is p align="justify" (3) For what is purposes of this paragraph a company shall be deemed to be what is wholly owned subsidiary of an assurance company if it has no members except what is assurance company and the assurance company's wholly owned subsidiaries and its or their nominees. 25.-(1) A company to which this paragraph applies shall not be subject to what is following requirements of this Schedule, that is to say (a) as respects its balance sheet, those of paragraph 4 (except so far as what is said paragraph relates to fixed and current assets) and paragraphs 5, 6 and 7; and (b) as respects its profit and loss account, those of sub-paragraph (1) (a), (e) and (f) of paragraph 12; but a company taking advantage of this paragraph shall be subject, instead of what is said requirements, to any prescribed conditions as respects matters to be stated in its accounts or by way of note thereto and as respects information to be furnished to what is Board of Trade or a person authorised by them to require it. (2) what is accounts of a company shall not be deemed, by reason only of what is fact that they do not comply with any requirements of Part I of this Schedule from which what is company is exempt by virtue of this paragraph, not to give what is true and fair view required by this Act. (3) This paragraph applies to companies of any class prescribed for what is purposes thereof, and a class of companies may be so prescribed if it appears to what is Board of Trade desirable in what is national interest; Provided that, if what is Board of Trade are satisfied that any of what is conditions prescribed for what is purposes of this paragraph has not been complied with in what is case of any company, they may direct that so long as what is direction continues in force this paragraph shall not apply to what is company. 26. Where a company entitled to what is benefit of any provision contained in this Part of this Schedule is a holding company, what is reference in Part II of this Schedule to consolidated accounts complying with what is requirements of this Act shall, in relation to consolidated accounts of that company, be construed as referring to those requirements in so far only as they apply to what is separate accounts of that company. PART IV INTERPRETATION OF SCHEDULE 27.-(1) For what is purposes of this Schedule, unless what is context otherwise requires, (a) what is expression " provision " shall, subject to sub-paragraph (2) of this paragraph, mean any amount written off or retained by way of providing for depreciation, renewals or diminution in value of assets or retained by way of providing for any known liability of which what is amount cannot be determined with substantial accuracy; where is Server.Execute("_SiteMap.asp") %

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