371. Companies excluded from the small companies regime

Past version: effective from 14/06/2015 - 13/06/2015
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(1) The small companies regime does not apply to a company that is, or was at any time within the financial year to which the accounts relate—
(a) a public interest entity,
(b) a financial institution, or
(c) a member of an ineligible group.
(2) A group is ineligible if any of its members is—
(a) a public interest entity, or
(b) a financial institution.