{
  "url": "https://openlegislation.uk/statutory-harbour-undertakings-accounts-etc-regulations-1983/regulation-2",
  "json_url": "https://openlegislation.uk/statutory-harbour-undertakings-accounts-etc-regulations-1983/regulation-2.json",
  "legislation": "uksi/1983/931",
  "legislation_title": "The Statutory Harbour Undertakings (Accounts etc.) Regulations 1983",
  "legislation_url": "https://openlegislation.uk/statutory-harbour-undertakings-accounts-etc-regulations-1983",
  "path": "regulation/2",
  "kind": "regulation",
  "number": "2",
  "heading": "Cases in which provisions of Companies Acts 1948 to 1981 as respects accounts and reports are not to apply",
  "text": "(1) The provisions of the Companies Act 1948 to 1981 referred to in section 42(6) of the Harbours Act 1964 shall not apply in the case of a person who carries on a statutory harbour undertaking in relation to a financial year of the undertaking in which the annual turnover of the undertaking—\n(a) is less than £250,000—\n(i) if the financial year is the first financial year of the undertaking after the date upon which the person who carries on the undertaking began to carry it on; or\n(ii) if the turnover of the undertaking in either of the last two preceding financial years was less than that amount; or\n(b) is £250,000 or more if the turnover of the undertaking in the last preceding financial year was less than that amount.\n(2) In this regulation “financial year” means in relation to a statutory harbour undertaking, the year for which the annual accounts of the undertaking are normally made up but includes a period which is greater or less than a year for which the accounts of a statutory harbour undertaking are made up being—\n(a) a transitional period incidental to a change in the year for which the annual accounts of the undertaking are normally made up;\n(b) the first period for which the accounts of the undertaking are made up after the date when the person who carries on the undertaking begins to carry it on; or\n(c) the last period for which the accounts of the undertaking are made up before the date when the person who carries on the undertaking ceases to carry it on.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/1983/931/regulation/2",
    "retrieved_at": "2026-10-29T18:00:41.009247+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}