2 Small businesses in relation to which the Commissioner has functions

“Small businesses”

2  Small businesses in relation to which the Commissioner has functions

(1)     In this Part “small business” means a relevant undertaking which—

(a)     has a headcount of staff of less than 50,

(b)     if the business threshold condition applies to the relevant undertaking, meets that condition, and

(c)     is not a public authority.

(2)     The Secretary of State may by regulations (“SBC scope regulations”) make further provision about the meaning of “small business” in this Part.

(3)     For the purposes of subsection (1)(b), the business threshold condition applies to

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