reg 10 Electronic statement concerning financial assistance
(1) Section 155 of the 1985 Act (relaxation of s.151 for private companies) is amended as follows. (2) In subsection (6), for the words “The directors of the company” substitute the words “Subject to subsection (6A), the directors of the company”. (3) Insert the following subsection after subsection (6)— (6A) In place of the statutory declaration referred to in subsection (6), there may be delivered to the registrar of companies under section 156(5) a statement made by the persons mentioned in subsection (6) above complying with the section next following.