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Version status: In force | Document consolidation status: Updated to reflect all known changes
Version date: 9 June 2017 - onwards
  Version 3 of 3    

225. Directors' compliance statement and related statement

(1) In this section -

 "amount of turnover" and "balance sheet total" have the same meanings as they have in section 275;

 "relevant obligations", in relation to a company, means the company's obligations under -

(a) this Act, where a failure to comply with any such obligation would (were it to occur) be -

(i) a category 1 offence or a category 2 offence; or

(ii) a serious Market Abuse offence or a serious Prospectus offence;

and

(b) tax law;

 "serious Market Abuse offence" means an offence referred to in section 1368;

 "serious Prospectus offence" means an offence referred to in section 1356;

 "tax law" means -

(a) the Customs Acts;

(b) the statutes relating to the duties of excise and to the management of those duties;

(c) the Tax Acts;

(d) the Capital Gains Tax Acts;

(e) the Value-Added Tax Acts;

(f) the Capital Acquisitions Tax Consolidation Act 2003 and the enactments amending or extending that Act;

(g) the Stamp Duties Consolidation Act 1999 and the enactments amending or ex

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