[(1) The directors of a company are not required to deliver a copy of the company's individual accounts to the registrar in respect of a financial year if—
(a) the company is a subsidiary undertaking,
(b) it has been dormant throughout the whole of that year, and
(c) its parent undertaking is established under the law of [any part of the United Kingdom].
(2) Exemption is conditional upon compliance with all of the following conditions—
(a) all members of the company must agree to the exemption in respect of the financial year in
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