The Oversea Companies and Credit and Financial Institutions (Branch Disclosure) Regulations 1992

Regulation in respect of names

7.—(1) Section 694 shall be amended as follows.

(2) In subsection (1), for “(defined below in subsection (3))” there shall be substituted “(determined in accordance with subsections (3A) and (3B))”.

(3) In subsection (3), the words from “being the date” to the end are hereby repealed.

(4) After that subsection there shall be inserted—

“(3A) For the purposes of subsections (1) to (3), the relevant date, in relation to a company, is the date on which it has complied with paragraph 1 of Schedule 21A or section 691(1) or, if there is more than one such date, the first date on which it has complied with that paragraph or that subsection since becoming an oversea company.

(3B) But where the company’s corporate name has changed since the date ascertained in accordance with subsection (3A), the relevant date is the date on which the company has, in respect of the change or, if more than one, the latest change, complied with paragraph 7(1) of Schedule 21A or section 692(2), as the case may be.”