Textual Amendments
F1Pt. 9A inserted (with effect in accordance with Sch. 14 para. 31 of the amending Act) by Finance Act 2009 (c. 10), Sch. 14 para. 1 (with Sch. 14 para. 32)
Modifications etc. (not altering text)
C1Pt. 9A modified (with effect in accordance with s. 1184(1) of the amending Act) by Corporation Tax Act 2010 (c. 4), ss. 787, 795, 1184(1) (with Sch. 2)
C2Pt. 9A modified by 2010 c. 4, s. 814D(6) (as inserted (with effect in accordance with Sch. 29 para. 51 of the amending Act) by Finance Act 2013 (c. 29), Sch. 29 para. 2)
(1)For the purposes of this Part a company is a “small company” in an accounting period if it is in that period a micro or small enterprise, as defined in the Annex to Commission Recommendation 2003/361/EC of 6 May 2003.
(2)But a company is not a “small company” in an accounting period if it is at any time in that period—
(a)an open-ended investment company,
(b)an authorised unit trust scheme,
(c)an insurance company, or
(d)a friendly society.
(3)In subsection (2)—
“open-ended investment company” has the meaning given by section 236 of FISMA 2000;
“authorised unit trust scheme” means a unit trust scheme (within the meaning given by section 237 of FISMA 2000) in relation to which a order under section 243 of that Act (authorisation orders) is in force;
“insurance company” has the meaning given by [F2section 65 of FA 2012];
“friendly society” has the meaning given by [F3section 172 of FA 2012].]
Textual Amendments
F2Words in s. 931S(3) substituted (17.7.2012) by Finance Act 2012 (c. 14), Sch. 16 para. 183
F3Words in s. 931S(3) substituted (17.7.2012) by Finance Act 2012 (c. 14), Sch. 18 para. 22