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3. A body falling within one of the categories set out in Article 3(1) of the EC Regulation which by virtue of any enactment is restricted in its ability to be a member of a company shall be restricted to the same extent in its ability to be a member of an EGTC.
4.—(1) For the purposes of Article 5(1) of the EC Regulation the statutes referred to in article 9 of the EC Regulation shall be published—
(a)in the case of a UK EGTC with a registered office in England and Wales, in the London Gazette;
(b)in the case of a UK EGTC with a registered office in Scotland, in the Edinburgh Gazette;
(c)in the case of a UK EGTC with a registered office in Northern Ireland, in the Belfast Gazette.
(2) This regulation is subject to regulation 8.
5.—(1) The Secretary of State shall be the competent authority for the purpose of receiving the notifications and documents under article 4(2) of the EC Regulation.
(2) The Secretary of State shall be the competent body for the purpose of prohibiting under article 13 of the EC Regulation any activity carried on in the United Kingdom by an EGTC where such an activity is in contravention of any enactment or rule of law providing for public policy, public security, public health or public morality, or in contravention of the public interest of the United Kingdom.
(3) The High Court (in Scotland, the Court of Session) shall be the competent court for the purpose of ordering the winding up of a UK EGTC under article 14(1).
6.—(1) Subject to paragraph (2) a UK EGTC shall comply with Part 7 of the Companies Act 1985(1) (accounts and audit), as modified by Part 1 of the Schedule to these Regulations, as if it were a company which qualifies as a small company under section 247 of that Act and is not an ineligible company under section 247A.
(2) A UK EGTC does not have to comply with the requirements in Part 7 to deliver accounts and reports to the registrar.
(3) A UK EGTC shall—
(a)make its latest accounts available for inspection at its registered office by any person, without charge and during business hours;
(b)supply a copy of those accounts to any person on request at a price not exceeding the administrative cost of making and supplying the copy.
(4) The members of a UK EGTC shall appoint an auditor in accordance with the decision-making procedures contained in the statutes of that UK EGTC.
(5) The auditor of a UK EGTC must be a person who is eligible for appointment as a company auditor under section 25 of the Companies Act 1989(2) and who is not ineligible by virtue of section 27 of that Act.
7. A UK EGTC shall be wound up as an unregistered company under Part 5 of the 1986 Act, or in the case of a UK EGTC with a registered office in Northern Ireland, under Part 6 of the 1989 Order, and the provisions of—
(a)that Act (or in the case of Northern Ireland, that Order), and
(b)the Insolvency Rules,
shall apply to that UK EGTC with the modifications set out in Parts 2 and 3 of the Schedule to these Regulations.
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