Section 158
Translations of instruments, etc.
of Variable Capital Companies Act 2018
ActIn forceProvision 160 of 172
Section 158
(1)
Subject to subsections (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.
(2)
A reference in section 397(1) and (2) of the Companies Act 1967 to that Act is to this Act except Part 7.
(3)
A reference in section 397(3) of the Companies Act 1967 to that Act is to this Act including Part 7.
(4)
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.