13.—(1) Where, in respect of a proposed investment company with variable capital, it appears to SIB that the requirements of sub-paragraphs (a) and (b) of regulation 9(1) are or will be met, SIB shall send the papers mentioned in paragraph (2) to the registrar.
(2) The papers referred to in paragraph (1) are—
(a)a copy of the instrument of incorporation;
(b)a statement of the address of the proposed company’s head office;
(c)a statement with respect to each person named in the application as director of the company of the particulars set out in regulation 8; and
(d)a statement of the corporate name and registered or principal office of the person named in the application for authorisation as the first depositary.
(3) The registrar shall retain the papers delivered to him under paragraph (1) and, if it appears to him that the provisions of regulation 14(1) are not contravened in relation to the proposed company, he shall notify SIB to that effect.
(4) In this regulation any reference to the instrument of incorporation of a company is a reference to the instrument of incorporation which was supplied for the purposes of regulation 9(1)(a).