(1) In this section -
'rate of exchange' has the same meaning as it has in section 79;
'representative rate of exchange' has the same meaning as it has in section 402.
(a) For the purposes of determining IIR top-up tax or UTPR top-up tax of a constituent entity of an MNE group or large-scale domestic group, all calculations shall be made using the presentation currency of the consolidated financial statements of the ultimate parent entity of the MNE group or large-scale domestic group.
(b) If an amount that is relevant to the calculation of IIR top-up tax or UTPR top-up tax of a constituent entity of an MNE group or large-scale domestic group for a fiscal year is denominated in a currency other than the presentation currency of the consolidated financial statements of the ultimate parent entity of the MNE group (referred to in this paragraph as the 'relevant presentation currency') and is not converted to the relevant presentation currency in the course of preparing the consolidate
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