The European Communities (Companies: Group Accounts) Regulations 1992 are amended -
(a) in Regulation 2, by substituting “Companies Act group accounts” for “group accounts”,
(b) in Regulation 3, by substituting the following for the definition of “group accounts”:
“ ‘Companies Act group accounts’ shall be read in accordance with Regulation 13;”,
(c) in Regulation 4(1), by substituting the following for paragraph (c):
“(c) that other has the power to exercise, or actually exercises, dominant influence or control over it, or
(ca) that other and the subsidiary undertaking are managed on a unified basis, or”,
(d) in Regulation 5 -
(i) by substituting the following for paragraph (1):
“(1) Where at the end of its financial year, the directors of a parent undertaking prepare Companies Act group accounts, those group accounts shall be prepared in accordance with these Regulations and shall be laid before the annual general meeting at the same time as the undertaking's
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