201 Section 199: large organisations
Economic Crime and Corporate Transparency Act 2023 (2023 c 56) | Legislation

201  Section 199: large organisations

(1)     For the purposes of section 199(1) and (2) a relevant body is a “large organisation” only if the body satisfied two or more of the following conditions in the financial year of the body (“year P”) that precedes the year of the fraud offence—

TurnoverMore than £36 million
Balance sheet totalMore than £18 million
Number of employeesMore than 250.

(2)     The reference in subsection (1) to a relevant body does not include a relevant body which is a parent undertaking (as to which see section 202).

(3)

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