Part 8U.K.A company's members

Chapter 3U.K.Overseas branch registers

129Overseas branch registersU.K.

(1)A company having a share capital may, if it transacts business in a country or territory to which this Chapter applies, cause to be kept there a branch register of members resident there (an “overseas branch register”).

(2)This Chapter applies to—

(a)any part of Her Majesty's dominions outside the United Kingdom, the Channel Islands and the Isle of Man, and

(b)the countries or territories listed below.

BangladeshMalaysia
CyprusMalta
DominicaNigeria
The GambiaPakistan
GhanaSeychelles
GuyanaSierra Leone
The Hong Kong Special Administrative Region of the People's Republic of ChinaSingapore
IndiaSouth Africa
IrelandSri Lanka
KenyaSwaziland
KiribatiTrinidad and Tobago
LesothoUganda
MalawiZimbabwe

(3)The Secretary of State may make provision by regulations as to the circumstances in which a company is to be regarded as keeping a register in a particular country or territory.

(4)Regulations under this section are subject to negative resolution procedure.

(5)References—

(a)in any Act or instrument (including, in particular, a company's articles) to a dominion register, or

(b)in articles registered before 1st November 1929 to a colonial register,

are to be read (unless the context otherwise requires) as a reference to an overseas branch register kept under this section.

[F1[F2(6)A company's right under subsection (1) to keep an overseas branch register does not apply during or with respect to any period when an election is in force in respect of the company under section 128B.]]

Textual Amendments

F1S. 129(6) omitted (26.10.2023 but only so far as it confers a power to make regulations or relates to the exercise of the power, otherwise prosp.) by virtue of Economic Crime and Corporate Transparency Act 2023 (c. 56), s. 219(1)(2)(b), Sch. 1 para. 4

Commencement Information

I1S. 129 wholly in force at 1.10.2009; s. 129 not in force at Royal Assent, see s. 1300; s. 129 in force for specified purposes at 20.1.2007 by S.I. 2006/3428, art. 3(3) (subject to art. 5, Sch. 1 and with arts. 6, 8, Sch. 5); s. 129 otherwise in force at 1.10.2009 by S.I. 2008/2860, art. 3(h) (with arts. 5, 7, 8, Sch. 2) (as amended by S.I. 2009/1802, art. 18)