6(1)The filing member of a multinational group must register with HMRC if the group becomes a qualifying multinational group.U.K.
(2)For the purposes of sub-paragraph (1), a multinational group becomes a qualifying multinational group on the first day of the first accounting period it is a qualifying multinational group (the “trigger day”).
(3)A filing member registers with HMRC by providing specified information to HMRC.
(4)The specified information is—
(a)the name of the filing member;
(b)the name of the ultimate parent (if different to the filing member);
(c)the date of the trigger day;
(d)the date on which the accounting period in which the trigger day occurs will end or has ended;
(e)any other information that may be specified in a notice published by HMRC.
(5)The information must be provided in the way specified in a notice published by HMRC.
(6)The information must be provided by the end of the period of six months beginning with the day after the accounting period in which the trigger day occurs ends.
(7)In this Schedule, a “registered group” means a multinational group that is registered under this paragraph.
(8)A multinational group is registered under this paragraph if—
(a)the filing member of the group has registered under this paragraph, and
(b)a notice of de-registration is not in force in relation to the registration (see paragraph 7).
(9)Paragraphs 8 and 9 provide further notification requirements in relation to a registered group.
7(1)This paragraph applies where the filing member of a multinational group has registered under paragraph 6.U.K.
(2)An officer of Revenue and Customs may issue the filing member with a notice of de-registration in relation to the registration.
(3)The effect of an officer issuing a notice of de-registration is that, beginning with the effective date, the registration to which the notice relates is not to be treated as a registration under paragraph 6.
(4)“The effective date” is a date specified in or determined by reference to the notice as the date on which the notice takes effect.
(5)But a notice of de-registration does not affect the validity of a registration for the purposes of any obligation arising before the effective date.
(6)An officer or Revenue and Customs may issue a notice of de-registration only if—
(a)the filing member has applied for such a notice, and
(b)it appears to the officer that the group will not be a qualifying multinational group for any accounting period beginning with the period in which the effective date falls.
8(1)This paragraph applies where the filing member of a registered group changes.U.K.
(2)The new filing member must notify HMRC of the change before the end of the period of 6 months beginning with the day the change occurs.
(3)But, if the change occurs before the end of the period referred to in paragraph 6(6), the new filing member may notify HMRC of the change at any time before the end of that period even if later than the end of the period in sub-paragraph (2).
(4)The notification must be given in the way specified in a notice published by HMRC.
9(1)The filing member of a registered group must notify HMRC of any other change to the information provided under paragraph 6.U.K.
(2)The notification must be given before the end of the period of 6 months beginning with the day on which the change occurs.
(3)But, if the change occurs before the end of the period referred to in paragraph 6(6), the filing member may notify HMRC of the change at any time before the end of that period even if later than the end of the period in sub-paragraph (2).
(4)The notification must be given in the way specified in a notice published by HMRC.