PART 2 AMENDMENTS TO THE COMPANIES LEGISLATION

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

52 Limitations on exemptions for small and medium-sized groups
In paragraph (2) of Article 256 of the 1986 Order (exemption for small and medium-sized groups), 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,
(c) a person who carries on insurance market activity.”

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Article 256 was inserted by the Companies (Northern Ireland) Order 1990 (S.I. 1990/593 (N.I. 5)), Articles 3(a), 15(3).