Section 305, The Companies Act, 2009

(1) This section shall apply to the publication by acompany of full individual or group financial statements, that is to say, the statements required by section 296 to be laid before the company in general meeting and delivered to the Commission including the director’s report, unless dispensed with or under Part III of the Fifth Schedule, but does not apply to interim financial (2) If a company publishes individual financial statements (modified or otherwise) for a year, it shall publish with them the relevant auditor’s report. (3) If a company required by section 290 to prepare group financial statements for a year, publishes individual financial statements for that year, it shall also publish with them its group financial statements (which may be modified financial statements but only if the individual financial statements are modified). (4) If a company publishes group financial statements (modified or not) otherwise than together with its individual financial statements, it shall publish with them the relevant auditors’ report. (5) References in this section to the relevant auditors’ report are to the auditors’ report under section 310, or, in the case of modified financial statements (individual or group), the auditors’ special report under paragraph 12 of Part III of the Fifth Schedule. (6) A company which contravenes any provision of this section and any officer of it who is in default shall be guilty of an offence and be liable to a daily default fine of Le500,000.