C5Part 16Audit
Annotations:
Modifications etc. (not altering text)
C3C4Chapter 1Requirement for audited accounts
Annotations:
Modifications etc. (not altering text)
C3
Pt. 16 Ch. 1 applied (with modifications) (6.4.2008) by The Bank Accounts Directive (Miscellaneous Banks) Regulations 2008 (S.I. 2008/567), reg. 4, Sch. para. 1 (with Sch. para. 11)
C4
Pt. 16 Ch. 1 applied (with modifications) (6.4.2008) by The Partnerships (Accounts) Regulations 2008 (S.I. 2008/569), regs. 4, 7, Sch. Pt. 1
Exemption from audit: dormant companies
C2481C1Companies excluded from dormant companies exemption
A company is not entitled to the exemption conferred by section 480 (dormant companies) if it was at any time within the financial year in question a company that—
a
is an authorised insurance company, a banking company, an e-money issuer, F1a MiFID investment firm or a UCITS management company, or
b
carries on insurance market activity.
Pts. 1-39 (except for Pt. 7 and ss. 662-669), 45-47 extended (12.5.2011) by The Companies Act 2006 (Consequential Amendments and Transitional Provisions) Order 2011 (S.I. 2011/1265), art. 5(1), Sch. 1 para. 2