Companies (Accounting) Act 2017

Amendment of section 379 of Principal Act

64. Section 379 of the Principal Act is amended—

(a) in subsection (2), by the deletion of “and 354”, and

(b) by the insertion of the following subsection after subsection (2):

“(3) Where before the repeal of section 354 by section 3(1) of the Companies (Accounting) Act 2017, a medium company referred to in section 354 has prepared and filed abridged financial statements for a financial year in accordance with that section, the company may prepare and file revised abridged financial statements in respect of that financial year as if the said section 354 had not been repealed.”.