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(a)a company to which paragraph 1 above applies delivers a return under paragraph 1(1) of Schedule 21A to the principal Act in respect of a branch in England and Wales or Scotland,
(b)the return is the first which the company has delivered under that provision in respect of a branch in that part of Great Britain,(c)immediately before delivering the return, the company was a registered oversea company in relation to that part of Great Britain, and
(d)the company states in the return that the particulars have previously been delivered in respect of a place of business of the company in that part, giving the company’s registered number,
the documents previously registered under section 691(1)(a) of that Act shall be treated as registered under paragraph 1 of Schedule 21A to that Act in respect of the branch to which the return relates.
(2) For the purposes of this paragraph, a company is a registered oversea company in relation to England and Wales or Scotand if—
(a)it has duly delivered documents to the registrar for that part of Great Britain under section 691 of the principal Act,
(b)it has duly complied with any obligation to make a return to that registrar under section 692(1)(a) of that Act, and
(c)it has not subsequently given notice to that registrar under section 696(4) of that Act that it has ceased to have an established place of business in that part.
(3) For the purposes of this paragraph “branch” has the same meaning as in section 698(2) of the principal Act.