# The Energy Savings Opportunity Scheme Regulations 2014, Paragraph 1: Large undertakings, and small or medium undertakings

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

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 amount A and an annual balance sheet total in excess of amount 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.

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Source: https://www.legislation.gov.uk/uksi/2014/1643/schedule/1/paragraph/1 (the official version)
Page: https://openlegislation.uk/energy-savings-opportunity-scheme-regulations-2014/schedule-1/paragraph-1
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.