|
|
Amendment of section 314 of Principal Act
|
| |
31. Section 314 of the Principal Act is amended—
|
| |
(a) in subsection (1), by the substitution of “Subject to subsection (2A) and the other provisions of this section, where at the end of a financial year” for “Where at the end of a financial year”,
|
| |
(b) in subsection (2), by the substitution of “Subject to subsection (2A) and the other provisions of this section, the notes to the” for “The notes to the”, and
|
| |
(c) by the insertion of the following subsection after subsection (2):
|
| |
“(2A) A company that qualifies for the small companies regime or for the micro companies regime shall be exempt from the requirements of this section.”.
|