[448A Dormant subsidiaries exempt from obligation to file accounts]
[448A Dormant subsidiaries exempt from obligation to file accounts]
Companies Act 2006 | Legislation

[(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 an EEA State [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 question,

(b)     the parent undertaking must give a guarantee under section 448C in respect of that year,