Part XXIII Companies and Credit and Financial Institutions (Branch Disclosure) Regulations (Northern Ireland) 1993

Branch Registration

3.—(1) Where—

(a) a company to which paragraph 1 applies delivers a return under paragraph 1(1) of Schedule 20A to the 1986 Order in respect of a branch,

(b) the return is the first which the company has delivered under that provision in respect of a branch in Northern Ireland,

(c) immediately before delivering the return, the company was a registered Part XXIII company, 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, giving the company’s registered number,

the documents previously registered under Article 641(1)(a) of that Order shall be treated as registered under paragraph 1 of Schedule 20A to that Order in respect of the branch to which the return relates.

(2) For the purposes of this paragraph, a company is a registered Part XXIII company if—

(a) it has duly delivered documents to the registrar under Article 641 of the 1986 Order,

(b) it has duly complied with any obligation to make a return to the registrar under Article 642(1)(a) of that Order, and

(c) it has not subsequently given notice to the registrar under Article 646 of that Order that it has ceased to have an established place of business in Northern Ireland.

(3) For the purposes of this paragraph “branch” has the same meaning as in Article 648(2) of the 1986 Order.