Moved by
Lord Wallace of Tankerness
108: Clause 33, page 33, line 28, leave out from “must” to end of line 31 and insert “include—
(a) a statement of the income and expenditure of the third party for the regulated period, and
(b) a statement of its assets and liabilities at the end of that period.”
109: Clause 33, page 34, line 13, leave out from “satisfied” to end of line 18 and insert—
“( ) that a statement or statements prepared or to be prepared by the third party under any enactment contains or will contain the information required by subsection (2) or equivalent information, and”
110: Clause 33, page 34, line 19, leave out “(or, on publication, will be)” and insert “, or will be,”
111: Clause 33, page 34, line 20, at end insert—
“( ) Equivalent information is—
(a) a statement or statements of the income and expenditure for a period or periods other than the regulated period, or
(b) a statement or statements of assets and liabilities at a date or dates other than the end of that period,
but which in the Commission’s opinion gives a sufficient indication of the third party’s accounts for, or at the end of, the regulated period.”
112: Clause 33, page 34, line 46, leave out from beginning to end of line 13 on page 35 and insert—
““(2A) Where a statement of accounts falls to be prepared under section 96A, the responsible person must deliver—
(a) the statement, and
(b) if an auditor’s report on the statement falls to be prepared under section 97(1A), that report,
to the Commission before the end of the period of 6 months beginning with the end of the period under subsection (1) or (2) for the delivery of the relevant section 96 return.
(2B) “The relevant section 96 return” means the return mentioned in section 96A(1)(a) which gives rise to the duty to prepare the statement of accounts.””
113: Clause 33, page 35, line 17, leave out “or (2B)”
114: Clause 33, page 35, line 43, leave out “a return is delivered under section 98(2) and”
115: Clause 33, page 35, line 46, after “the” insert “relevant section 96”
116: Clause 33, page 36, line 2, at end insert—
“(5) In subsection (4)(a), “the relevant section 96 return” has the meaning given by section 98(2B).””