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PART 1Introductory provisions

Persons established in the United Kingdom

3.  In these Regulations, a person is established in the United Kingdom—

(a)in the case of an individual, where the individual is resident in the United Kingdom; or

(b)in any other case, where the person—

(i)has a registered office in the United Kingdom, or

(ii)has a permanent place in the United Kingdom from which the person carries out activities for which the person is constituted to perform.