(1) A company may, in such circumstances as may be prescribed by the regulations for the purposes of this section, send to its members a summary financial statement instead of the copy of the financial statement required to be sent out in accordance with section 662, subject to compliance with any...
(1) The company shall send copies of the financial statement and reports to anyperson entitled to receive them in accordance with section 662 and who wishes to receive them. (2) A company that proposes to provide a summary financial statement shall ensure that the statement complies with section...
(1) If a company that is not a quoted company exercises the option to provide a summary financial statement, it shall ensure that the statement— (a) is derived from the company’s annual financial statement; and (b) is prepared in accordance with this section and regulations made for the purposes of...
(1) If a quoted company exercises the option to provide a summary financial statement, it shall ensure that the statement— (a) is derived from the company’s annual financial statement and the directors’ remuneration report; and (b) complies with subsections (2) and (4) and with any regulations...
(1) If a company fails to comply with a requirement of section 666, 667 or 668,the company, and each officer of the company who is in default, commit an offence and on conviction are each liable to a fine not exceeding two hundred and fifty thousand shillings. (2) If, after a company or any of its...
(1) A quoted company shall ensure that its annual financial statement anddirectors’ report— (a) is made available on a website that complies with section 672; and (b) remains available on the website until the annual financial statement for the next financial year of the company is made available...
(1) If a quoted company prepares a preliminary statement of its annual results in accordance with the requirements of listing rules or comparable requirements of the market on which the company’s equity share capital is admitted to trading, the company shall ensure that the statement— (a) is made...
(1) For the purposes of sections 670 and 671, a website complies with this section if it— (a) is maintained by or on behalf of the company; (b) identifies the company; and (c) access to the information on the website, and the ability to obtain a hard copy of the information from the website, is...
(1) A member, or holder of debentures, of an unquoted company is entitled to be provided, on demand and without charge, with a copy of— (a) the last annual financial statement of the company; (b) the last directors' report; and (c) the auditor's report on that statement and that report. (2) The...
(1) A member of, or holder of debentures of, a quoted company is entitled to be provided, on demand and without charge, with a copy of— (a) the company's most recent annual financial statement; (b) the most recent directors' remuneration report; (c) the most recent directors' report; and (d) the...
(1) A company that publishes a document to which this section applies shall ensure that the document states the name of the person who signed it on behalf of the directors. (2) In the case of an unquoted company, this section applies to copies of—(a) its annual financial statement; and (b) the...
(1) When publishing its statutory financial statement, a company shall enclosewith or annex to the statement a copy of the auditor’s report on that financial statement, unless the company is exempt from audit and the directors have taken advantage of that exemption. (2) A company that prepares a...
(1) If a company publishes a non–statutory financial statement, it shall publish with it a statement indicating— (a) that it is not the company's statutory financial statement; (b) whether a statutory financial statement dealing with a financial year with which the non-statutory financial...
For the purposes of sections 675, 676 and 677, a company is taken to have published a financial statement or directors’ report if it publishes, issues or circulates it or otherwise makes it available for public inspection in a manner that invites members of the public generally, or any class of...
(1) The directors of a public company shall present to the members at a generalmeeting of the copies of its annual financial statement and directors’ and other reports. (2) The directors shall comply with subsection (1) not later than the deadline for lodging a copy of the company's financial...
(1) If the requirements of section 679 are not complied with before the end ofthe specified period, every person who immediately before the end of that period was a director of the company commits an offence. (2) It is a defence for a person charged with an offence under subsection (1) toprove that...
(1) The directors of a quoted company shall, before the general meeting at which the financial statement is to be presented, give to the members of the company entitled to be sent notice of the meeting notice of the intention to move at the meeting, as an ordinary resolution, a resolution approving...
(1) If the directors of a quoted company fail to comply with section 681(1), eachof the directors who is in default, commit an offence and on conviction are each liable to a fine not exceeding five hundred thousand shillings. (2) If the resolution approving the directors' remuneration report is not...
(1) The directors of a company shall lodge with the Registrar for each financial year the financial statement and reports required by section 686, 687 or 688.
(1) The deadline for lodging with the Registrar the documents referred to in section 683(1) is— (a) for a private company — nine months after the end of the company's relevant accounting reference period; and (b) for a public company—six months after the end of the company's relevant accounting...
(1) This section applies for the purpose of calculating the deadline for lodging a company’s financial statement that is expressed as a specified number of months from a specified date or after the end of a specified previous deadline. (2) Subject to subsection (3), the deadline for lodging a...
(1) The directors of a company that is subject to the small companies regime— (a) shall lodge with the Registrar for each financial year a copy of a balance sheet drawn up as at the last day of that year; (b) may also lodge with the Registrar— (i) a copy of the company's profit and loss account...
(1) The directors of an unquoted company shall lodge with the Registrar foreach financial year of the company a copy of— (a) the company's annual financial statement; (b) the directors' report; and (c) the auditor's report on that statement and that report. (2) Subsection (1)(c) does not apply if...
(1) The directors of a quoted company shall lodge with the Registrar for each financial year of the company a copy of— (a) the company's annual financial statement; (b) the directors' remuneration report; (c) the directors' report; and (d) a copy of the auditor's report on that statement and...
(1) The directors of an unlimited company are not required to lodge a financial statement with the Registrar in respect of a financial year if at no time during the relevant accounting reference period— (a) has the company, to the knowledge of the directors, been a subsidiary undertaking of an...
(1) This section applies when— (a) the directors of a company lodge an abbreviated financial statement with the Registrar; and (b) the company is not exempt from audit, or the directors have not taken advantage of any such exemption. (2) When this section applies, the directors of the company...
(1) An abbreviated financial statement of a company is not valid until it has been approved by the company’s board of directors and signed on behalf of the board by a director of the company. (2) The director designated to sign the abbreviated financial statement shall sign the company's balance...
(1) If the requirements of section 683 are not complied with in relation to the lodgement of a company’s financial statement and reports for a financial year before the deadline for lodging them, each person who immediately before the end of that period was a director of the company commits an...
(1) If— (a) the requirements of section 683 have not been complied with in relation to a company's financial statement or reports for a financial year before the deadline for lodging them with the Registrar; and (b) the directors of the company fail to comply with those requirements within...
(1) A company is liable to a default penalty if the requirements of section 683 are not complied with in relation to lodging the company’s annual financial statement and reports with the Registrar by the deadline for lodging them. (2) The liability to a default penalty is in addition to any...