Section 253
Contents of directors’ report
(a)
the name of every person who was a director of the company—
(i)
during the financial year; and
(ii)
during the period commencing from the end of the financial year and ending on the date of the report;
(b)
the principal activities of the company in the course of the financial year including its subsidiaries; and
(c)
the matters set out in the Fifth Schedule.
(2)
This section shall have effect in relation to a directors’ report required to be prepared under section 252 as if a reference to the company in subsection (1) is a reference to—
(a)
the company; and
(b)
the subsidiary undertakings included in the consolidated financial statements for the financial year.
(3)
The directors’ report prepared under section 252 may include a business review as set out in Part II of Fifth Schedule or any other reporting as prescribed.
Companies 279
Form and content of directors’ report and financial statement of a banking corporation, etc.