Paragraph 1 Large undertakings, and small or medium undertakings

United Kingdom

In these Regulations—

(a)

a “large undertaking” means an undertaking which either—

(i)

employs at least 250 persons, or

(ii)

has an annual turnover in excess of F1amount A and an annual balance sheet total F2in excess of F3amount B, and

(b)

a “small or medium undertaking” means an undertaking which employs fewer than 250 persons and either—

(i)

has an annual turnover not exceeding amount A, or

(ii)

has an annual balance sheet total not exceeding amount B

determined in accordance with this Schedule.

Annotations

F1: Words in Sch. 1 para. 1 substituted (31.12.2020) by The Energy Savings Opportunity Scheme (Amendment) (EU Exit) Regulations 2018 (S.I. 2018/1342), regs. 1(3), 3(3)(a)(i); 2020 c. 1, Sch. 5 para. 1(1)
F2: Words in Sch. 1 para. 1(a)(ii) inserted (26.10.2015) by The Energy Savings Opportunity Scheme (Amendment) Regulations 2015 (S.I. 2015/1731), regs. 1, 2(2)
F3: Words in Sch. 1 para. 1 substituted (31.12.2020) by The Energy Savings Opportunity Scheme (Amendment) (EU Exit) Regulations 2018 (S.I. 2018/1342), regs. 1(3), 3(3)(a)(ii); 2020 c. 1, Sch. 5 para. 1(1)