Companies Act · s 120A

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s 120AInterpretation [S 27/2019]

For the purposes of sections 122 to 133D, unless the contrary a intention appears -

"balance sheet", in relation to a company, means the balance sheet,

by whatever name called, prepared in accordance with the

Accounting Standards;

"group" has the same meaning as in the Accounting Standards;

"parent company" means a company that is required under the

Accounting Standards to prepare financial statements in relation to a group;

116

Companies

"subsidiary company" means a company that is a subsidiary as defined in the Accounting Standards.

ACCOUNTS AND AUDIT