33 Definitions of small and micro business

Definitions of Small and Micro Business

33  Definitions of small and micro business

(1)     This section applies where any subordinate legislation made by a Minister of the Crown (the “underlying provision”)—

(a)     uses the term “small business” or “micro business”, and

(b)     defines that term by reference to this section.

(2)     In the underlying provision “small business” means an undertaking other than a micro business (see subsection (3)) which meets the following conditions (“the small business size conditions”)—

(a)     it has a headcount

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