# Companies Act 2006, Section 414B: Strategic report: small companies exemption

Extent: E+W+S+N.I.

A company is entitled to the small companies exemption in relation to the strategic report for a financial year if—
(a) it is entitled to prepare accounts for the year in accordance with the small companies regime, or
(b) it would be so entitled but for being or having been a member of an ineligible group.

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Source: https://www.legislation.gov.uk/ukpga/2006/46/section/414B (the official version)
Page: https://openlegislation.uk/companies-act-2006/section-414B
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.