+Article 42 Undertakings required to report on payments to governments
---+Article 42 1.
---+Article 42 2.

Article 42 Undertakings required to report on payments to governments

1. Overview

,
Article 42 1.
Member States shall require large undertakings and all public-interest entities active in the extractive industry or the logging of primary forests to prepare and make public a report on payments made to governments on an annual basis.
Article 42 2.

That obligation shall not apply to any undertaking governed by the law of a Member State which is a subsidiary or parent undertaking, where both of the following conditions are fulfilled:

(a) 

the parent undertaking is subject to the laws of a Member State; and

(b) 

the payments to governments made by the undertaking are included in the consolidated report on payments to governments drawn up by that parent undertaking in accordance with Article 44.

1.1 References

1.2 Identified Requirements

1.3 Related Standards

2. Identified Requirements

Requirements

3. Related Standards

Standards