this post was submitted on 25 Jun 2023
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I think whoever is Acting PIC will need to be night current, because like you said at some point in the flight the other person is a passenger. I don't think it matters which person is current, but whoever it is will need to be the Acting PIC.
I don't think the Acting PIC needs to be the sole manipulator, so the other person can manipulate the controls even during takeoff and landing. The person manipulating the controls is the one that gets to log the PIC time per 61.51(e). If an accident were to happen it would be the responsibility of the Acting PIC, so letting other people manipulate the controls is a risk for them.
For the logging PIC vs Acting PIC I like this: https://express.adobe.com/page/fY5kNj26Vca1w/
Here is a forum with a similar question: https://www.askacfi.com/32071/maintaining-night-currency-with-a-passenger-on-board-and-the-passenger-holds-a-ppl.htm
Edit: CFIs are allowed to fly with students even if the neither of them has passenger carrying currency, because neither are considered a passenger. FAR 61.57
These are the details I was looking for, thank you!