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12. In the new section 703A(3) (definition of “registered oversea company”), prospectively inserted by Schedule 15, after “which” there shall be inserted—
“(a)has duly delivered documents under paragraph 1 of Schedule 21A to the registrar for that part of Great Britain and has not subsequently given notice to him under section 695A(3) that it has closed the branch in respect of which the documents were registered, or
(b)”
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