(1) For each financial year, the consolidated report must state the following information in relation to the relevant activities -

(a) the government to which each payment has been made, including the country of that government;

(b) the total amount of payments made to each government;

(c) the total amount per type of payment made to each government; and

(d) where those payments have been attributed to a specific project, the total amount per type of payment made for each such project and the total amount of payments for each such project.

(2) In this regulation the relevant activities are those of -

(a) the parent undertaking; and

(b) any subsidiary undertaking included in the consolidated group accounts of the parent undertaking.