# The Reports on Payments to Governments Regulations 2014, Regulation 8: Duty to prepare a consolidated report


(1) The directors of a parent undertaking must prepare a consolidated report annually on payments made to governments for each financial year of the parent undertaking (the “consolidated report”) if that undertaking is—
(a) a large undertaking or a public interest entity;
(b) a mining or quarrying undertaking or a logging undertaking; and
(c) obliged to prepare consolidated group accounts.
(2) A parent undertaking is a mining or quarrying undertaking or a logging undertaking if any of its subsidiary undertakings is a mining or quarrying undertaking or a logging undertaking.

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Source: https://www.legislation.gov.uk/ukdsi/2014/9780111122235/regulation/8 (the official version)
Page: https://openlegislation.uk/draft-reports-on-payments-to-governments-regulations-2014/regulation-8
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.