Introductory Text
PART 1 INTRODUCTION
1.Citation and interpretation
2.Commencement and application
PART 2 SMALL AND MEDIUM-SIZED COMPANIES AND GROUPS
3.Conditions for company or group to qualify as small
4.Conditions for company or group to qualify as medium-sized
5.Conditions for small companies exemption from audit
6.Small companies exemption in relation to directors’ report
7.Companies entitled to take advantage of provisions applying to medium-sized companies
PART 3 OFF-BALANCE SHEET ARRANGEMENTS
8.Information about off-balance sheet arrangements
PART 4 MINOR AMENDMENTS
9.Individual accounts: applicable accounting framework
10.Individual profit and loss account where group accounts prepared
11.Information about employee numbers and costs: group accounts
12.Requirement to deliver auditor’s report on accounts and reports
13.Unlimited companies exemption from obligation to file accounts
Signature
Explanatory Note
