Variable Capital Companies Act 2018 · 2020 Revised Edition · Part 13 · General Provisions
158. Translations of instruments, etc.
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Subject to subsections (1A), (2) and (3) and section 5, section 397 of the Companies Act 1967 applies in relation to a VCC as it applies in relation to a company.
VCC
“VCC” or “variable capital company” means a body corporate incorporated as such under this Act;
A reference in section 397(1) of the Companies Act 1967* to the Registrar of Companies is to —
Registrar
“Registrar” means the Registrar of VCCs appointed under this Act, and includes any Deputy or Assistant Registrar of VCCs;
in the case of section 33 and Parts 10 and 11 other than section 130B — the Registrar or Official Receiver; or
in the case of other provisions of the Act — the Registrar.
A reference in section 397(1) and (2) of the Companies Act 1967 to that Act is to this Act except Part 7.
A reference in section 397(3) of the Companies Act 1967 to that Act is to this Act including Part 7.
In section 397(3) of the Companies Act 1967, “financial statements” means the financial statements or consolidated financial statements (as the case may be) required to be prepared under Part 8.
financial statements
“financial statements”, in relation to a VCC, means the financial statements of the VCC required to be prepared in accordance with the Accounting Standards;