# Finance Act 2016, Paragraph 7


(1) “MNE Group” has the same meaning (subject to sub-paragraph (2) below) as in the OECD Model Legislation in the OECD Country-by-Country Reporting Implementation Package as contained in the OECD's Guidance on Transfer Pricing Documentation and Country-by-Country Reporting published in 2014.
(2) Paragraph (ii) (excluded MNE Group) of the Implementation Package is not part of the definition applied by sub-paragraph (1) above for the purposes of this Schedule.
(3) In sub-paragraph (1) “OECD” means the Organisation for Economic Co-operation and Development.

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Source: https://www.legislation.gov.uk/ukpga/2016/24/schedule/19/paragraph/7 (the official version)
Page: https://openlegislation.uk/finance-act-2016/schedule-19/paragraph-7
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.