PART II FORMATION, SUPERVISION AND CONTROL

Names

Prohibition on certain names19

1

No open-ended investment company is to 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); F1...

ii

European Economic Interest Grouping or any equivalent set out in Schedule 3 to the European Economic Interest Grouping Regulations 1989 M1; F2or

F3iii

UK Economic Interest Grouping;

b

includes an abbreviation of any of the words or expressions referred to in sub-paragraph (a); 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) whether one name is the same as another, there are to be disregarded—

a

the definite article, where it is the first word of the name;

b

the following word and expressions where they appear at the end of the name—

  • “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");

  • “open-ended investment company" or its Welsh equivalent (“cwmni buddsoddiant penagored");

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.