89AA. Prescribed class of companies under section 175(2)(b) of Act as in force immediately before 31 August 2018

The class of companies prescribed for the purposes of section 175(2)(b) of the Act as in force immediately before 31 August 2018 is the class of companies that meets all of the following conditions:

each company is an exempt private company;

each company is able to meet its liabilities as and when they fall due;

each company lodges its latest full set of financial statements together with its annual return in respect of the calendar year with the Registrar in eXtensible Business Reporting Language.