s 4 Notes to the accounts
(1) In section 4 of the 1967 Act (which requires a comto state in its accounts the identities, etc., of bodies cornot being subsidiaries, in which it holds shares representa certain proportion of the equity share capital of those corporate or, as the case may be, of its own assets) the following subsection shall be inserted after subsection (1)— “ (LA) Subject to the provisions of this section, if, at the end of its financial year, a company holds shares comprised in the share capital of another body corporate (not being its subsidiary) exceeding in nominal value onetenth of the allotted share capital of that body, there shall be stated in a note to the accounts of the company prepared under section 1 of the Companies Act 1976— (a) the name of that other body corporate and— (i) if it be incorporated in Great Britain and if it be registered in England and the company be registered in Scotland (or vice versa), the country in which it is registered ; and (ii) if it be incorporated outside Great Britain, the country in which it is incorporated ; and (b) the identity of each class of such shares held and the proportion of the nominal value of the allotted shares of that class represented by the shares of that class held by the company.”. The following amendments shall be made in section 4 in consequence of subsection (1) above— (a) in subsection (3), for the words “ Neither of the foregoing subsections ” there shall be substituted the words “None of the foregoing provisions of this section ” ; (b) in subsection (4)— (i) after the words “ subsection (1) ” there shall be inserted the words “ or (1A) ”; (ii) for the words “‘ that subsection” (in the first place where they occur) there shall be substituted the words “either or both of those subsections” ; and (iii) for the words “‘ that subsection ” (in the second place where they occur) there shall be substituted the words “‘ subsection (1) or (as the case may be) with subsection (1A) ”; and (c) in subsection (5)(b), after the words “ subsection (1) ” there shall be inserted the words “ or (as the case may be) with subsection (1A) ”. c. 62 Companies Act 1981