Paragraph 5

In section 394A (individual accounts: exemption for dormant subsidiaries)^f1—

(a)

in subsection(1)(c), for “an EEA State” substitute “any part of the United Kingdom”; and

(b)

for subsection (2)(c)(i), substitute—

“(i)
if the undertaking is a company, the requirements of this Part of this Act, or, if the undertaking is not a company, the legal requirements which apply to the drawing up of consolidated accounts for that undertaking, or”.

Annotations

Footnotes

f1: Section 394A was inserted by S.I. 2012/2301, and amended by S.I. 2015/980.