Regulation 7 Amendments to the Large and Medium-sized Companies and Groups (Accounts and Reports) Regulations 2008
(1) The Large and Medium-sized Companies and Groups (Accounts and Reports) Regulations 2008 [S.I. 2008/410.] are amended as follows.
(2) For regulation 10(2) (directors' report: structure of Schedule 7) substitute -
"(2) In Schedule 7 -
Part 1 relates to matters of a general nature including political donations and expenditure,
Part 2 relates to the acquisition by a company of its own shares or a charge on them,
Part 3 relates to the employment, training and advancement of disabled persons,
Part 4 relates to the involvement of employees in the affairs, policy and performance of the company,
Part 6 relates to certain disclosures required by publicly traded companies, and
Part 7 relates to disclosures in relation to greenhouse gas emissions.".
(3) In Schedule 7 (matters to be dealt with in directors' report) -
(a) after paragraph 1 insert -
"1A. Where a company has chosen in accordance with section 414C(11) to set out in the company's strategic report information required by this Schedule to be contained in the directors' report it shall state in the directors' report that it has done so and in respect of which information it has done so.";
(b) omit paragraphs 2 (asset values) and 5 (charitable donations);