17Accounts

17 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 in relation to, and in relation to persons and matters associated with, the Company because of subsection 90(6) of the Companies Act 1981. (2) A report and financial statements that before the commencement of this section: (a) were prepared under section 161 of the Superannuation Act 1976 in relation to a period; and (b) were furnished to the Minister under subsection 162(1) of that Act on a particular day; are taken to be a profit and loss account of the Company that was: (c) made out in relation to that period; and (d) laid before the Company at an annual general meeting of the Company held on that day. (3) A report and financial statements: (a) prepared under section 44 in relation to the concluding period (within the meaning of that section); and (b) given to the Minister under that section on a particular day; are taken to be a profit and loss account of the Company that was: (c) made out in relation to that period; and (d) laid before the Company at an annual general meeting of the Company held on that day.