41.—(1) Section 42 (domicile and seat of corporation or association) is amended as follows.
(2) Omit subsection (2)(a) and the “and” following it.
(3) After subsection (4) insert—
“(4A) For the purposes of sections 15A to 15E and rules 1, 2, 3, 5, 11(a)(ii) and 15(1) in Schedule 4, the requirement in subsection (4) that a corporation or association has its seat in the United Kingdom is to be treated as satisfied if the corporation or association satisfies the requirement in section 42A(2) for having its domicile in the United Kingdom.”.
(4) In subsection (6), omit “Subject to subsection (7),”.
(5) After subsection (6) insert—
“(6A) Subsections (1), (3) and (6) are subject to section 42A.”.
(6) Omit subsection (7).
Commencement Information
I1Reg. 41 in force at 31.12.2020 on IP completion day (in accordance with 2020 c. 1, Sch. 5 para. 1(1)), see reg. 1(1)