RegistrationU.K.
3Part 3 of Schedule 14 applies as if—
(a)for paragraph 6(1) and (2) there were substituted—
“(1)A filing member must register with HMRC if the filing member or, if the filing member is a member of a group, a member of that group—
(a)is located in the United Kingdom and
(b)is a qualifying entity.
(2)For the purposes of sub-paragraph (1), a qualifying entity becomes a qualifying entity on the first day of the first accounting period it is a qualifying entity (the “trigger day”).”;
(b)references to a “multinational group” were references to a group.