Regulation 8 Duty to prepare a consolidated report
United Kingdom
The directors of a parent undertaking F1which is a UK 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 large undertaking or a public interest entity;
a mining or quarrying undertaking or a logging undertaking; and
obliged to prepare consolidated group accounts.
A parent undertaking F2which is a UK 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.
Annotations
Textual amendments
- F1
Words in reg. 8(1) inserted (18.12.2015) by The Reports on Payments to Governments (Amendment) Regulations 2015 (S.I. 2015/1928), regs. 1(2), 2(6)
- F2
Words in reg. 8(2) inserted (18.12.2015) by The Reports on Payments to Governments (Amendment) Regulations 2015 (S.I. 2015/1928), regs. 1(2), 2(6)