Subsidiary disclosure obligations: holding companies must attach specified subsidiary accounts and statements under statute, noncompliance penalised under law. Holding companies must attach specified subsidiary documents to their balance sheet - the subsidiary's balance sheet, profit and loss account, directors' and auditors' reports, and a statement of the holding company's interest - prepared for the subsidiary financial year coinciding with or immediately preceding the holding company's year; where years differ, the subsidiary year shall not end more than six months before the holding company's year. The statement must detail extent of interest and net aggregate profits or losses relevant to members and the holding company's accounts. Required documents must be signed and noncompliance by responsible officers is punishable, subject to specified defences and possible governmental exemptions.