S.I. No. 596/2017 - Statistics (Outward Foreign Affiliates) Order 2017


Notice of the making of this Statutory Instrument was published in

“Iris Oifigiúil” of 29th December, 2017.

I, LEO VARADKAR, Taoiseach, in exercise of the powers conferred on me by section 25 (1) of the Statistics Act 1993 (No. 21 of 1993), and for the purpose of giving full effect to Regulation (EU) No. 716/2007 of the European Parliament and of the Council1 , hereby order as follows:

1. (1) This Order may be cited as the Statistics (Outward Foreign Affiliates) Order 2017.

(2) This Order shall come into operation on 1 January 2018.

2. (1) In this Order—

“Regulation” means Regulation (EC) No. 716/2007 of the European Parliament and of the Council of 20 June 20071;

“survey” means the Outward Foreign Affiliates Survey that is conducted by the Central Statistics Office for the purposes of obtaining information specified in the Schedule, including for the purposes of compliance with the Regulation.

(2) A word or expression that is used in this Order and also used in the Regulation has the same meaning in this Order as it has in the Regulation, other than where the context otherwise requires.

3. This Order applies to an undertaking that is classified for statistical purposes under any section of NACE Rev. 2, as set out in Annex I to Regulation (EC) 1893/2006 of the European Parliament and of the Council of 20 December 20062 .

4. A requirement on undertakings to which this Order applies to provide, once only and for the purposes of the survey, information relating to each year in the period from 2016 to 2020, the general nature of which is specified in the Schedule, is prescribed for the purposes of section 25 of the Statistics Act 1993 (No. 21 of 1993).

SCHEDULE

Article 4

1. Whether the undertaking has a foreign affiliate.

2. Whether the location of the ultimate controlling institutional unit of the foreign affiliate referred to in paragraph 1 is in the State.

3. Where the location of the ultimate controlling institutional unit of the foreign affiliate referred to in paragraph 1 is not in the State, the location of the ultimate controlling institutional unit.

4. Where the undertaking is the ultimate controlling institutional unit of a foreign affiliate referred to in paragraph 1, the following particulars in relation to the undertaking:

(a) the principal business activity in which the undertaking is engaged;

(b) the accounting year to which the information specified in this Schedule relates;

(c) the currency in which the amounts specified in this Schedule are expressed.

5. Where the undertaking is the ultimate controlling institutional unit of a foreign affiliate referred to in paragraph 1, the following particulars in relation to each such foreign affiliate:

(a) name and address;

(b) the principal business activity in which the foreign affiliate is engaged;

(c) the percentage shareholding which the undertaking holds in the foreign affiliate;

(d) turnover;

(e) the number of persons engaged by the foreign affiliate;

(f) personnel costs;

(g) gross investment in tangible goods.

/images/ls

GIVEN under my Official Seal,

18 December 2017.

LEO VARADKAR,

Taoiseach.

1 OJ L 171, 29.6.2007, p. 17-31

2 OJ No. L 393, 30.12.2006, p. 1