Section 256 of the Principal Act is hereby amended by the substitution for subsection (2) of the following -
"(2) A declaration made as aforesaid shall have no effect for the purposes of this Act unless -
(a) it is made within the 28 days immediately preceding the date of the passing of the resolution for winding up the company and delivered to the registrar of companies not later than the date of the delivery to the registrar, in accordance with the provisions of section 143, of a copy of the resolution for winding up the company; and
(b) it embodies a statement of the company's assets and liabilities as at a date not more than three months before the making of the declaration.".