Regulation 12 Exemption from duty to prepare report
United Kingdom
The directors of F1a UK undertaking are exempt from preparing a report if—
(a)
the undertaking is subject to equivalent reporting requirements; and
(b)
the payments to governments made by the undertaking are included in a report prepared in accordance with equivalent reporting requirements.
Annotations
Textual amendments
- F1
Words in reg. 12 substituted (18.12.2015) by The Reports on Payments to Governments (Amendment) Regulations 2015 (S.I. 2015/1928), regs. 1(2), 2(4)