{
  "url": "https://openlegislation.uk/finance-act-2009/schedule-17/paragraph-5",
  "json_url": "https://openlegislation.uk/finance-act-2009/schedule-17/paragraph-5.json",
  "legislation": "ukpga/2009/10",
  "legislation_title": "Finance Act 2009",
  "legislation_url": "https://openlegislation.uk/finance-act-2009",
  "path": "schedule/17/paragraph/5",
  "kind": "paragraph",
  "number": "5",
  "heading": null,
  "text": "(1) For the purposes of this Schedule a body corporate (“body A”) is a reporting body at any time if, at that time—\n(a) it is a UK corporate parent, and\n(b) condition A, B, C or D is met.\n(2) Condition A is that body A is not controlled by a body corporate resident outside the United Kingdom.\n(3) Condition B is that—\n(a) body A is controlled by a body corporate resident outside the United Kingdom (“the foreign parent”), and\n(b) no other relevant UK body corporate is controlled by the foreign parent.\n(4) Condition C is that —\n(a) body A is controlled by a body corporate resident outside the United Kingdom (“the foreign parent”),\n(b) one or more other UK corporate parents are controlled by the foreign parent, and\n(c) body A is not a party to an arrangement under paragraph 6.\n(5) Condition D is that—\n(a) body A is controlled by a body corporate resident outside the United Kingdom (“the foreign parent”),\n(b) one or more other UK corporate parents are controlled by the foreign parent, and\n(c) body A is a party to an arrangement under paragraph 6 and is the nominated reporting body under that arrangement.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/2009/10/schedule/17/paragraph/5",
    "retrieved_at": "2026-10-29T09:11:08.872832+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}