466 Companies qualifying as medium-sized: parent companies
466 Companies qualifying as medium-sized: parent companies
Companies Act 2006 | Legislation

(1)     A parent company qualifies as a medium-sized company in relation to a financial year only if the group headed by it qualifies as a medium-sized group.

(2)     A group qualifies as medium-sized in relation to the parent company's first financial year if the qualifying conditions are met in that year.

(3)     A group qualifies as medium-sized in relation to a subsequent financial year of the parent company—

(a)     if the qualifying conditions are met in that year and the preceding financial year;

<(b)     if the qualifying conditions are met in that year and the group qualified as medium-sized in relation to the preceding financial year;<

398 . . .
410 . . .
427 . . .
428 . . .
429 . . .
449 . . .
450 . . .

Popular documents