(Art. 964l CO)
English is not an official language of the Swiss Confederation. This translation is provided for information purposes only and has no legal force.
Art. 17
1 Undertakings that are required to prepare consolidated financial statements must prepare a consolidated report. Undertakings covered by the consolidated report are exempt from the separate reporting obligation pursuant to Article 964l CO. 2 An undertaking registered in Switzerland does is not required to prepare a separate report if: a. it is controlled by a legal entity registered abroad; and b. that legal entity prepares an equivalent report. 3 Undertakings that are not required to prepare a separate report must indicate in the notes to the financial statements the other legal entity in whose report they are included. They must publish this report.