Companies Ordinance Cap 32

Section Num: 79H     Version Date 30/06/1997

Requirement for interim accounts

(1) The following are the statutory requirements in respect of interim accounts prepared for a proposed distribution by a listed company.

(2) The accounts shall have been properly prepared, or have been so prepared subject only to matters which are not material for determining, by reference to items mentioned in section 79F(2), whether the proposed distribution would contravene the relevant section.

(3) "Properly prepared" (§´¬°ÀÀ³Æ) means that the accounts shall comply with section 123 (applying that section and the Tenth Schedule with such modifications as are necessary because the accounts are prepared otherwise than in respect of a financial year) and any balance sheet comprised in the accounts shall have been signed in accordance with section 129B; and, without prejudice to the foregoing-

(a) so much of the accounts as consists of a balance sheet shall give a true and fair view of the state of the company's affairs as at the balance sheet date; and

(b) so much of the accounts as consists of a profit and loss account shall give a true and fair view of the company's profit or loss for the period in respect of which the accounts were prepared.

(4) A copy of the accounts shall have been delivered to the Registrar.

(5) If the accounts are not in the English or Chinese language, a translation into English or Chinese of the accounts, certified in the prescribed manner to be a correct translation, shall also have been delivered to the Registrar.  (Amended 83 of 1995 s. 10)

[cf. 1985 c. 6 s. 272 U.K.]

(Part IIA added 77 of 1991 s. 6)