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2. Before section 691 there shall be inserted—
690A.—(1) This section applies to any limited company which—
(a)is incorporated outside the United Kingdom and Gibraltar, and
(b)has a branch in Great Britain.
(2) Schedule 21A to this Act (Branch registration under the Eleventh Company Law Directive (89/666/EEC)) shall have effect in relation to any company to which this section applies.
690B. Sections 691 and 692 shall not apply to any limited company which—
(a)is incorporated outside the United Kingdom and Gibraltar, and
(b)has a branch in the United Kingdom.”
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