21Accounts

#### 21 Accounts (1) This section has effect for the purposes of: (a) the Companies Act 1981; and (b) the Companies (Transitional Provisions) Act 1981 as it applies to, and to persons and matters associated with, the transferring body by virtue of subsection 90(6) of the Companies Act 1981. (2) A report and financial statements that were prepared under section 40 of the Airlines Act in respect of a period and furnished to the Minister on a particular day shall be deemed to be a profit and loss account of the transferring body that was: (a) made out in respect of that period; and (b) laid before the body at an annual general meeting of the body held on that day.