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3.—(1) In this Schedule in relation to a company or a limited liability partnership a “relevant period” means one of the following periods—
(a)the period beginning with its incorporation and ending immediately after the delivery to the registrar of its first annual return; or
(b)a period beginning immediately after the delivery to the registrar of an annual return and ending immediately after the delivery to the registrar of the next annual return.
(2) In this Schedule in relation to an overseas company a “relevant period” means one of the following periods—
(a)the period beginning with the registration of the documents required to be delivered to the registrar under Part 2 of the OC Regulations in respect of the opening of an establishment in the United Kingdom and ending immediately after the first delivery to the registrar of its accounting documents or, as the case may be, its annual accounts; or
(b)a period beginning immediately after a delivery of accounting documents or annual accounts to the registrar and ending immediately after delivery to the registrar of the next accounting documents or annual accounts.
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