3 Late filing penalties under the Companies Act 1985 as from 6th April 2008
1 This regulation applies where the requirements of section 242(1) of the Companies Act 1985 are complied with on or after 6th April 2008.
2 In section 242A of that Act, after subsection (2) insert—

“2A For the purposes of subsection (2), whether a company is a public company or a private company depends upon its status at the end of the financial year in question.”

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Section 242A was inserted by the Companies Act 1989, section 11.