PART 2 AMENDMENTS TO THE COMPANIES LEGISLATION

Companies (Northern Ireland) Order 1986 (S.I. 1986/1032 (N.I. 6))

51 Limitations on exemptions for small and medium-sized companies in relation to accounts etc.
1 Article 255A of the 1986 Order (limitations on exemptions for small and medium-sized companies in relation to accounts etc.) is amended as follows.
Article 255A was inserted by SR (N.I.) 1997/436.
2 In paragraph (1), for sub-paragraph (a) substitute—

“(a) the company is, or was at any time within the financial year to which the accounts relate—
(i) a public company,
(ii) a person who has permission under Part 4 of the Financial Services and Markets Act 2000 to carry on one or more regulated activities, or
(iii) a person who carries on insurance market activity;”

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3 In paragraph (2), for sub-paragraphs (b) to (d) substitute—

“(b) a person who has permission under Part 4 of the Financial Services and Markets Act 2000 to carry on a regulated activity, or
(c) a person who carries on insurance market activity.”

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