(1) The small companies regime does not apply to a company that . . . was at any time within the financial year to which the accounts relate—
(a) a public company,
(b) a company that—
(i) is an authorised insurance company, a banking company, an e-money issuer, [a MiFID investment firm] or a UCITS management company, . . .
(ii) carries on insurance market activity, or
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