PART 3
PROVISIONS APPLYING TO PARTS 1 AND 2 OF THIS SCHEDULE
3. In this Schedule the expression “vendor” includes a vendor as defined in Part 3 of Schedule 1, and the expression “financial year” has the meaning assigned to it in that Part of that Schedule.
4. If in the case of a business which has been carried on, or of a body corporate which has been carrying on business, for less than 3 years, the accounts of the business, or body corporate have only been made up in respect of 2 years or one year, Part 2 shall have effect as if references to 2 years or one year, as the case may be, were substituted for references to 3 years.
5. Any report by accountants required by Part 2 must be made by accountants qualified under the Act for appointment as auditors of a company.