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371. Companies Excluded From The Small Companies Regime

(1) The small companies regime does not apply to a company that is, or was at any time within the financial year to which the accounts relate–
(a) a public interest entity,
(b) a financial institution other than a FinTech Participant, or
(c) a member of an ineligible group other than a FinTech Participant.
(2) A group is ineligible if any of its members is–
(a) a public interest entity, or
(b) a financial institution other than a FinTech Participant.