Audit Exemption
4.—(1) Article 257A of the 1986 Order (exemptions from audit for certain categories of small company)(1) is amended as follows.
(2) In paragraphs (3)(b) and (3A)(b), for “£1 million” substitute “£5·6 million”.
(3) In paragraph (3)(c), for “£1·4 million” substitute “£2·8 million”.
(1)
Article 257A was inserted into the 1986 Order by regulation 2 of S.R. 1995 No. 128, and amended by regulation 2 of S.R. 1997 No. 500 and regulation 2 of S.R. 2001 No. 153