This is the original version (as it was originally made). This item of legislation is currently only available in its original format.
5.—(1) In section 477(2) of the 2006 Act (conditions to be met by company to be exempt from audit)—
(a)in paragraph (b) (turnover), for “not more than £5.6 million” substitute “not more than £6.5 million”, and
(b)in paragraph (c) (balance sheet total), for “not more than £2.8 million” substitute “not more than £3.26 million”.
(2) In section 479(2) of the 2006 Act (conditions to be met by group for group company to be exempt from audit)—
(a)in paragraph (b) (aggregate turnover), for “not more than £5.6 million net (or £6.72 million gross)” substitute “not more than £6.5 million net (or £7.8 million gross)”, and
(b)in paragraph (c) (aggregate balance sheet total), for “not more than £2.8 million net (or £3.36 million gross)” substitute “not more than £3.26 million net (or £3.9 million gross)”.
All content is available under the Open Government Licence v3.0 except where otherwise stated. This site additionally contains content derived from EUR-Lex, reused under the terms of the Commission Decision 2011/833/EU on the reuse of documents from the EU institutions. For more information see the EUR-Lex public statement on re-use.
