As I understand it, if it is a subsidiary of a much larger company then it is not a small company as defined in the Companies Act. I stand to be corrected but that is how I understand it.
Small Business, Enterprise and Employment Bill
Proceeding contribution from
Lord Leigh of Hurley
(Conservative)
in the House of Lords on Monday, 19 January 2015.
It occurred during Debate on bills
and
Committee proceeding on Small Business, Enterprise and Employment Bill.
Type
Proceeding contribution
Reference
758 c308GC
Session
2014-15
Chamber / Committee
House of Lords Grand Committee
Librarians' tools
Timestamp
2021-10-12 15:29:39 +0100
URI
http://hansard.intranet.data.parliament.uk/Lords/2015-01-19/15011928000021
In Indexing
http://indexing.parliament.uk/Content/Edit/1?uri=http://hansard.intranet.data.parliament.uk/Lords/2015-01-19/15011928000021
In Solr
https://search.parliament.uk/claw/solr/?id=http://hansard.intranet.data.parliament.uk/Lords/2015-01-19/15011928000021