# The Equality Act 2010 (Equal Pay Audits) Regulations 2014, Paragraph 16: The exemption period: new businesses


(1) The exemption period, in relation to a new business, is the period beginning with the commencement date and ending with the date on which P ceases to carry on the business or (if sooner) the day 10 years after the commencement date.
(2) If P is a number of persons in partnership, P is not to be taken for this purpose to cease to carry on the business if—
(a) the members of the partnership change, or the partnership is dissolved; and
(b) after the change or dissolution, the business is carried on by at least one of the persons who constituted P.

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Source: https://www.legislation.gov.uk/ukdsi/2014/9780111117330/schedule/paragraph/16 (the official version)
Page: https://openlegislation.uk/draft-equality-act-2010-equal-pay-audits-regulations-2014/schedule/paragraph-16
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.