Section 13:
consolidated text (as at 2018, amended since). juris shows the text as it was consolidated; it does not confirm that this is the law in force today.
13. Subsidiaries to be incorporated in the group financial statements of any
company holding Global Business Licence
Notwithstanding sections 212 and 214, any company holding a Global
Business Licence shall exclude from its group financial statements, the financial
statements of any of its subsidiaries which would have been excluded had the
group financial statements of the holding company been prepared in
accordance with and in compliance with International Accounting Standards or
with any other internationally accepted accounting standards.