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38. In Article 5—
(a)in the words before point (a), after “shall”, insert “continue to”;
(b)in point (a), omit the words from “preceded” to the end;
(c)at the end, insert the following un-numbered paragraph—
“Where, immediately before exit day, the name of a grouping in the contract for its formation—
(a)includes—
(i)the words “European Economic Interest Grouping”,
(ii)the initials “EEIG”, or
(iii)an authorised equivalent of those words or initials in a Community official language, set out in Schedule 3 to the EEIG Regulations, or
(b)is preceded or followed by any of those words or initials,
those words or initials have effect on and after exit day as if they were substituted by “UK Economic Interest Grouping” or “UKEIG”, as the case may be.”.
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