14.—(1) No investment company with variable capital shall have a name that—
(a)includes any of the following words or expressions, that is to say—
(i)limited, unlimited or public limited company, or their Welsh equivalents (“cyfyngedig”, “anghyfyngedig” and “cwmni cyfyngedig cyhoeddus” respectively); or
(ii)European Economic Interest Grouping or any equivalent set out in Schedule 3 to the European Economic Interest Grouping Regulations 1989(1);
(b)includes an abbreviation of any of the words or expressions referred to in sub-paragraph (a) above; or
(c)is the same as any other name appearing in the registrar’s index of company names.
(2) In determining for the purposes of paragraph (1)(c) above whether one name is the same as another, there shall be disregarded—
(a)the definite article, where it is the first word of the name;
(b)the following words and expressions where they appear at the end of the name, that is to say—
“company” or its Welsh equivalent (“cwmni”);
“and company” or its Welsh equivalent (“a'r cwmni”);
“company limited” or its Welsh equivalent (“cwmni cyfyngedig”);
“limited” or its Welsh equivalent (“cyfyngedig”);
“unlimited” or its Welsh equivalent (“anghyfyngedig”);
“public limited company” or its Welsh equivalent (“cwmni cyfyngedig cyhoeddus”);
“European Economic Interest Grouping” or any equivalent set out in Schedule 3 to the European Economic Interest Grouping Regulations 1989;
“investment company with variable capital” or its Welsh equivalent (“cwmni buddsoddi â chyfalaf newidiol”);
(c)abbreviations of any of those words or expressions where they appear at the end of the name; and
(d)type and case of letters, accents, spaces between letters and punctuation marks;
and “and” and “&” are to be taken as the same.
S.I. 1989/638. The regulations were amended by virtue of section 2(1) of the European Economic Area Act 1994 (c. 51) so that, for any limitation in the Regulations that proceeds by reference to the Communities, there is substituted a corresponding limitation relating to the European Economic Area.