Regulation 9 Nominated company
(1)
B may nominate any other member of the group of which it is a member to submit a notional allowance statement.
(2)
The nomination must be—
(a)
made in writing to HMRC,
(b)
signed by the appropriate person on behalf of B, and
(c)
state the first financial year for which the nomination is to have effect.
(3)
A nomination has effect until—
(a)
substituted by a new nomination made by B,
(b)
revoked by notice in writing to HMRC by the appropriate person on behalf of B, or
(c)
the nominated company ceases to be a member of the group of which B is a member.
(4)
In this Part, “nominated company” means the company that is for the time being nominated in accordance with this regulation.