s 8 Provisions supplementary to section
(1) Every copy of a balance sheet of a company which is delivered to the registrar of companies as a copy of a modified balance sheet prepared for the purposes of' section 6 of this Act shall be signed as required by section 155 of the 1948 Act (signature of directors) in the case of a copy of a balance sheet delivered to the registrar in pursuance of section 1 of the 1976 Act. (2) Where the directors of a company rely on the exemptions for individual accounts in delivering any documents to the registrar of companies in respect of any accounting reference period, the copy of the company’s balance sheet so delivered shall contain the statement required by subsection (3) below in a position immediately above the signatures of the directors required by section 155 of the 1948 Act or (as the case may be) by subsection (1) above. (3) The statement required by this subsection is a statement by the directors that— (a) they have relied on the exemptions for individual accounts ; and (b) they have done so on the ground that the company is entitled to the benefit of those exemptions as a small company or (as the case may be) as a medium-sized company. (4) Subject to section 12(11) of this Act, where the directors of a company rely on the exemptions for individual accounts in delivering any documents to the registrar of companies in respect of any accounting reference period, they shall deliver with those documents a copy of the special auditors’ report required by subsection (5) below instead of a copy of the report of the auditors mentioned in section 1(5)(a) of the 1976 Act. (5) The special auditors’ report required by this subsection is a report made by the auditors of the company— (a) stating that in their opinion the requirements for exemption are satisfied ; and (b) reproducing the full text of the report of the auditors under section 14 of the 1967 Act on the accounts of the company prepared under section 1 of the 1976 Act in respect of the accounting reference period in question. Companies Act 1981 c. 62 (6) In any case where the directors of a company propose to rely on the exemptions for individual accounts in delivering any documents to the registrar of companies in respect of any accounting reference period it shall be the duty of the auditors of the company to provide the directors of the company with a report stating whether in their opinion the requirements for exemption are satisfied in relation to the documents proposed to be delivered. (7) Subject to the preceding provisions of this section, where the directors of a company rely on the exemptions for individual accounts in delivering any documents to the registrar in respect of any accounting reference period and the requirements for exemption are satisfied in relation to the documents delivered, section 1(7) of the 1976 Act shall have effect in relation to that company as if any document which by virtue of any of the accounting exemption provisions is included in or omitted from the documents so delivered were or (as the case may be) were not a document required to be comprised in the accounts of the company in respect of that period within the meaning of subsection (5) of that section. (8) References in this section to the requirements for exemption being satisfied in relation to any documents delivered or proposed to be delivered to the registrar of companies in respect of any accounting reference period of a company are references to the fact that— (a) the company is entitled to the benefit of the exemptions for individual accounts in respect of that period on the ground claimed by the directors in the statement included in accordance with this section in the copy of the company’s balance sheet comprised in the documents in question ; and (b) any accounts comprised in the documents in question (other than copies of accounts prepared under section 1 of the 1976 Act) are properly prepared in respect of that period in accordance with section 6 of this Act.