[394A Individual accounts: exemption for dormant subsidiaries]
Companies Act 2006 (2006 c 46) | Legislation

[394A  Individual accounts: exemption for dormant subsidiaries]

[(1)     A company is exempt from the requirement to prepare individual accounts for a financial year if—

(a)     it is itself a subsidiary undertaking,

(b)     it has been dormant throughout the whole of that year, and

(c)     its parent undertaking is established under the law of [any part of the United Kingdom].

(2)     Exemption is conditional upon compliance with

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