Part 15Accounts and reports
Chapter 4Annual accounts
Individual accounts
F1394BCompanies excluded from the dormant subsidiaries exemption
A company is not entitled to the exemption conferred by section 394A (dormant subsidiaries) if it was at any time within the financial year in question—
(a)
a quoted company as defined in section 385(2) of this Act,
(b)
a company that—
(i)
is an authorised insurance company, a banking company, an e-money issuer, a MiFID investment firm or a UCITS management company, or
(ii)
carries on insurance market activity, or
(c)
a special register body as defined in section 117(1) of the Trade Union and Labour Relations (Consolidation) Act 1992 (c 52) or an employers' association as defined in section 122 of that Act or Article 4 of the Industrial Relations (Northern Ireland) Order 1992 (S.I. 1992/807) (NI 5).