I move amendment No. 46:
In page 37, subsection (2), line 29, to delete "so".
Although amendment No. 46 is apparently quite simple it is quite important. The present reference in subsection (2) to accounts so prepared by any company other than a holding company brings the reader back to subsection (1). The implications are that subsection (2) accordingly applies to an individual company who prepare group accounts, and that is not what was intended here. What the section should provide is simply that subsection (1) sets out the rules for disclosure for a holding company preparing group accounts. Subsection (2) sets out the rules for any individual company preparing individual accounts. This is really an error in the drafting and the opportunity should be taken to correct this error.