478 Companies excluded from small companies exemption
Companies Act 2006 | Legislation

478  Companies excluded from small companies exemption

A company is not entitled to the exemption conferred by section 477 (small companies) if it was at any time within the financial year in question—

(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

[(iii)     is a scheme funder of a Master Trust scheme within the meanings given by section 39(1) of the Pension Schemes Act 2017 (interpretation of Part 1), or]

(c)     a special register body

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