Section 667 of The Companies Act No. 17 of 2015: Form and contents requirements for summary financial statements of unquoted companies
(1) If a company that is not a quoted company exercises the option to provide a summary financial statement, it shall ensure that the statement— (a) is derived from the company’s annual financial statement; and
(b) is prepared in accordance with this section and regulations made for the purposes of this section.
(2) Nothing in this section prevents a company from including in a summary financial statement additional information derived from the company's annual financial statement or directors' report.
(3) The company shall in its summary financial statement—
(a) state that it is only a summary of information derived from the company's annual financial statement;
(b) state whether it contains additional information derived from the directors' report and, if so, that it does not contain the full text of that report;
(c) state how a person entitled to receive annual financial statements can obtain a full copy of the company's annual financial statement and the directors' report;
(d) contain a statement as to whether in the opinion of the company's auditor the summary financial statement—
(i) is consistent with the company's annual financial statement and, if information derived from the directors' report is included in the statement, with that report; and
(ii) complies with the requirements of this section and with any regulations made for the purposes of this section;
(e) state whether the auditor's report on the annual financial statement was unqualified or qualified and, if it was qualified, set out the report in full together with any further material needed to understand the qualification; and
(f) state in that report—
(i) whether the auditor’s statement under section 728 as qualified or unqualified; and
(ii) if it was qualified — set out the qualified statement in full together with any further material needed to understand the qualification.
(4) The regulations may require the company to send information of a prescribed kind separately but at the same time as the summary financial statement.
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(1) If a quoted company exercises the option to provide a summary financial statement, it shall ensure that the statement—
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