Hong Kong Ordinances

COMPANIES ORDINANCE - SECT 129C

Accounts to be annexed, and auditors' report to be attached, to balance sheet

(Past version on 30/06/1997).

(1) The profit and loss account and, so far as not incorporated in the balance
sheet or profit and loss account, any group accounts laid before the company
in general meeting, shall be annexed to the balance sheet, and the auditors'
report shall be attached thereto.

(2) Any accounts so annexed shall be approved by the board of directors before
the balance sheet is signed on their behalf.

(3) If any copy of a balance sheet is issued, circulated or published without
having annexed thereto a copy of the profit and loss account or any
group accounts required by this section to be so annexed, or without having
attached thereto a copy of the auditors' report, the company and every officer
of the company who is in default shall be liable to a fine. (Amended 7 of 1990
s. 2)

(4) This section does not apply to a copy of a balance sheet incorporated into
a summary financial report of a listed company and issued, circulated or
published as part of the report. (Added 27 of 2001 s. 3) (Added 80 of 1974 s.
12) [cf. 1948 c. 38 s. 156 U.K.]