[384A Companies qualifying as micro-entities]
[384A Companies qualifying as micro-entities]
Companies Act 2006 | Legislation

[(1)     A company qualifies as a micro-entity in relation to its first financial year if the qualifying conditions are met in that year.

(2)     Subject to subsection (3), a company qualifies as a micro-entity in relation to a subsequent financial year if the qualifying conditions are met in that year.