This
adran has no associated
Memorandwm Esboniadol
5. Where paragraph 4(a) above applies the company shall either—E+W+S
(a)be registered separately with the appropriate Agency as required by regulation 6; or
(b)be registered with the appropriate Agency as part of a group registration under Schedule 8 and for the purposes of this paragraph—
(i)such registration is effected upon notice being given by the holding company to the appropriate Agency of the change in the group registration; and
(ii)where prior to joining the group of companies the company was registered with an appropriate Agency, the Agency shall cancel the company’s registration and regulation 11(3) shall apply to that cancellation as it applies to a cancellation under regulation 11(2).