# The Reserve Forces (Payments to Employers and Partners) Regulations 2014, Paragraph 1

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

The qualifying conditions are met by an undertaking if it satisfies both of the following requirements—
(a) its annual turnover is not more than £25.9 million;
(b) the number of its employees and any partners is not more than 250 on the date provided for in paragraph 4.

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Source: https://www.legislation.gov.uk/uksi/2014/2410/schedule/1/paragraph/1 (the official version)
Page: https://openlegislation.uk/reserve-forces-payments-to-employers-and-partners-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.