(1)For the purposes of this Part a company is a quoted company in relation to a financial year if it is a quoted company immediately before the end of the accounting reference period by reference to which that financial year was determined.
(2)A “quoted company” means a company whose equity share capital—
(a)has been included in the official list in accordance with the provisions of Part 6 of the Financial Services and Markets Act 2000 (c. 8), or
(b)is officially listed in an EEA State, or
(c)is admitted to dealing on either the New York Stock Exchange or the exchange known as Nasdaq.
In paragraph (a) “the official list” has the meaning given by section 103(1) of the Financial Services and Markets Act 2000.
(3)An “unquoted company” means a company that is not a quoted company.
(4)The Secretary of State may by regulations amend or replace the provisions of subsections (1) to (2) so as to limit or extend the application of some or all of the provisions of this Part that are expressed to apply to quoted companies.
(5)Regulations under this section extending the application of any such provision of this Part are subject to affirmative resolution procedure.
(6)Any other regulations under this section are subject to negative resolution procedure.