# The Financial Services and Markets Act 2000 (Financial Promotion) Order 2005, Paragraph 45

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

In the case of a company or an offeror—
(a) which was incorporated during the period of three years immediately preceding the date on which the invitation or inducement in question was first communicated to recipients of the offer; or
(b) which has, at any time during that period, been exempt from the provisions of Part 15 of the 2006 Act relating to the audit of accounts by virtue of section 477 or 480 of that Act ...;
the information described in whichever is relevant of paragraph 43 or 44 with respect to that body corporate need be included only in relation to the period since its incorporation or since it last ceased to be exempt from those provisions of Part 15 of the 2006 Act.

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Source: https://www.legislation.gov.uk/uksi/2005/1529/schedule/4/paragraph/45 (the official version)
Page: https://openlegislation.uk/financial-services-and-markets-act-2000-financial-promotion-order-2005/schedule-4/paragraph-45
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.