Schedule, Part 1 Amendments to the Schedule to the 1986 Act (paras. 1-10)

1.

(1) The Schedule to the 1986 Act is amended by the substitution for "group companies", wherever occurring, of the term "group undertakings".

(2) That expression occurs -

(a) in Balance Sheet Format 1, in items A. III. 1 and 2, B.II.2, B.III.1, C.6, and F.6;

(b) in Balance Sheet Format 2 -

(i) under the heading "ASSETS", in items A.III.1 and 2, B.II.2, and B.III.1;

(ii) under the heading "LIABILITIES" in item C.6;

(c) in the Profit and Loss Accounts Formats -

(i) in Format 1, Item 7;

(ii) in Format 2, Item 9;

(iii) in Format 3, Item B.3;

(iv) in Format 4, Item B.5;

(d) in notes (12) and (13) on the Profit and Loss Accounts Formats;

(e) in the second sentence of paragraph 39 (2) (exclusion to state separately certain loans).

2.

(1) The Schedule to the 1986 Act is amended by the substitution for "shares in related companies", wherever occurring, of the term "participating interests".

(2) That expression occurs -

(a) in Balance Sheet Format 1, Item A.III.3;

(b) in Balance Sheet For