Part 7Tax treatment of financing costs and income
CHAPTER 3Disallowance of deductions
277Meaning of “the reporting body”
In this Chapter “the reporting body” means—
a
if an appointment under section 276 has effect in relation to the relevant period of account, the company appointed under that section, and
b
if such an appointment does not have effect in relation to the relevant period of account, the companies to which this Chapter applies, acting jointly.