art_47__para
This Chapter does not apply to economic operators that had a net turnover of less than EUR 40 million in the financial year preceding the last financial year, and that are not part of a group, consisting of parent and subsidiary undertakings, which, on a consolidated basis, exceeds the limit of EUR 40 million.
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Source: EUR-Lex (Cellar) · retrieved 2026-09-29 · Text as consolidated on 2026-08-13; changes after this date are not shown.