Pursuant to Section 224 (2) of theCompanies Act 2001, companies holding Category 1 or Category 2 banking licences under the Banking Act are hereby informed that the application of International Accounting Standards as required under Sections 211 and 214 is deferred in respect of IAS 32 and IAS 39 for accounting periods commencing on or prior to 1st January 2003.

The auditor`s report under S.205 of the 2001 Act should make reference to the above order.

Registrar Of Companies

Port Louis

20 June 2003

Directors of Public and Private Companies (other than Small Private Companies) whose financial year or  accounting  period commences prior to 1 December 2001 are hereby authorised to prepare and present their financial statements in relation to that period in accordance with the Mauritius Accounting and Auditing Standards  Act 1989.

Foreign companies whose financial year or accounting period commences prior to 1 December 2001 are hereby authorised to prepare and present their financial statements in relation to that period in accordance with the requirements of the Companies Act 1984 for foreign companies.

The auditor`s report under Section 205 of the 2001 Act should make reference to the above Order.

This Order supersedes the previous one made on the 24 of January 2002.

27 March 2002  

Registrar of Companies

Port Louis

Directors of Public and Private Companies (other than Small Private Companies) whose financial year or  accounting  period commences prior to 1 December 2001 are hereby authorised to prepare and present their financial statements in relation to that period in accordance with the Mauritius Accounting and Auditing Standards  Act 1989.

The auditor`s report under Section 205 of the 2001 Act should make reference to the above Order.

24 January 2002                

Registrar of Companies

Port Louis