# The Online Safety Act 2023 (Qualifying Worldwide Revenue) Regulations 2025, Regulation 3: Interpretation: general


In these Regulations—
“the Act” means the Online Safety Act 2023;
“applicable accounting standards” has the meaning given by section 64 of the Finance Act 2020 except that references in that section to a “group” should be read as references to a “provider of a regulated service” or a “group undertaking”, as appropriate;
“group” means a parent undertaking and its subsidiary undertakings, reading those terms in accordance with section 1162 of the Companies Act 2006;
“group undertaking” has the meaning given by section 1161(5) of that Act.

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Source: https://www.legislation.gov.uk/ukdsi/2025/9780348273113/regulation/3 (the official version)
Page: https://openlegislation.uk/draft-online-safety-act-2023-qualifying-worldwide-revenue-regulations-2025/regulation-3
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.