(1) A company treated as a medium-sized company pursuant to section 8(1) of this Act may, in lieu of complying with the requirements in that behalf in section 7 of this Act, annex to the annual return in relation to the company referred to in the said section 7 a copy of the abridged balance sheet of the company drawn up in accordance with subsection (2) of this section and an abridged profit and loss account or abridged income statement of the company drawn up in accordance with subsection (3) of this section in respect of the period to which the return refers
(a) Where the directors of a company prepare IFRS individual accounts and the company is to be treated as a medium-sized company pursuant to section 8(1) of this Act, the abridged balance sheet referred to in subsection (1) of this section shall comprise the full balance sheet included in the IFRS individual accounts
(i) Subject to subparagraph (ii) of this paragraph, where the directors of a company prepare Compani