Companies (Accounting) Act 2017

PART 2

Amendment of Principal Act

Amendment of section 7 of Principal Act

4. Section 7 of the Principal Act is amended, in subsection (5)(b)—

(a) by the substitution of the following subparagraph for subparagraph (i):

“(i) by any person as a nominee for the superior company or by any person acting in that person’s own name but on behalf of the superior company (except where, in either case, the superior company is concerned only in a fiduciary capacity), or”,

and

(b) by the insertion, in subparagraph (ii), of “or by any person acting in that person’s own name but on behalf of,” after “or by a nominee for,”.