# Companies Act 1948, Paragraph 18


In the case of a company which has been carrying on business, or of a business which has been carried on for less than three years, the length of time during which the business of the company of the business to be acquired, as the case may be, has been carried on.

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Source: https://www.legislation.gov.uk/ukpga/Geo6/11-12/38/schedule/FOURTH/paragraph/18 (the official version)
Page: https://openlegislation.uk/companies-act-1948/schedule-FOURTH/paragraph-18
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.