# Finance (No. 2) Act 2023, Paragraph 14: Interpretation etc


In this Part of this Schedule, in relation to an election under paragraph 8—
“the country-by-country reporting rules” means—
(a)where legislation implementing the OECD’s guidance on country-by-country reporting has effect in the relevant territory, that legislation;
(b)otherwise, that guidance;
“the relevant territory” means the territory in which the specified members are located;
“the specified members” means the members of the group in respect of which the election is made.

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Source: https://www.legislation.gov.uk/ukpga/2023/30/schedule/16A/paragraph/14 (the official version)
Page: https://openlegislation.uk/finance-no-2-act-2023/schedule-16A/paragraph-14
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.