Versions

 

440. Companies Excluded From Being Treated As Medium-Sized

(1) A company is not entitled to take advantage of any of the provisions of this Part relating to companies qualifying as medium-sized if it was at any time within the financial year in question–
(a) a public interest entity,
(b) a financial institution,
(c) a member of an ineligible group.
(2) A group is ineligible if any of its members is–
(a) a public interest entity,
(b) a financial institution,