(1) In this section -
'constituent entity', 'fiscal year' and 'MNE group' have the same meanings as in section 891H but, as respects the application of the definition of 'MNE Group' in Article 1 of the OECD model legislation (as defined in section 891H) for the purpose of this section, that definition shall apply as if the words "and (ii) is not an Excluded MNE Group" were deleted therefrom;
'local file' means a report containing the information specified in Annex II to Chapter V of the transfer pricing guidelines;
'local file revenue threshold' means €50 million;
'master file' means a report containing the information specified in Annex I to Chapter V of the transfer pricing guidelines;
'master file revenue threshold' means €250 million;
'relevant period' means, in relation to a relevant person who is a constituent entity of an MNE group, the fiscal year of the MNE group that corresponds to the chargeable period of the relevant person and, if a fiscal year of the MNE group does no
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