The Overseas Companies Regulations 2009

PART 1 INTRODUCTION

Citation and commencement

1.—(1) These Regulations may be cited as the Overseas Companies Regulations 2009.

(2) These Regulations come into force on 1st October 2009.

Interpretation

2.  In these Regulations—

• “accounting documents”—

  (a)

  in relation to an overseas company to which Chapter 2 of Part 5 applies (companies required to prepare and disclose accounts under parent law), has the meaning given by regulation 31(2), and

  (b)

  in relation to a credit or financial institution to which Chapter 2 of Part 6 applies (institutions required to prepare accounts under parent law), has the meaning given by regulation 44(2);

• “certified copy” means a copy certified as a correct copy;

• “constitution”, in relation to an overseas company, means the charter, statutes, memorandum and articles of association or other instrument constituting or defining the company's constitution;

• “credit or financial institution” means a credit or financial institution to which section 1050 of the Companies Act 2006 applies;

• “disclosure”, in relation to a credit or financial institution to which Chapter 2 of Part 6 applies, has the meaning given by regulation 44(2);

• “establishment” means—

  (a)

  a branch within the meaning of the Eleventh Company Law Directive (89/666/EEC) M1 , or

  (b)

  a place of business that is not such a branch,

  and “UK establishment” means an establishment in the United Kingdom;

• “financial period”—

  (a)

  in relation to an overseas company to which Chapter 2 of Part 5 applies (companies required to prepare and disclose accounts under parent law), has the meaning given by regulation 31(2), and

  (b)

  in relation to a credit or financial institution to which Chapter 2 of Part 6 applies (institutions required to prepare accounts under parent law), has the meaning given by regulation 44(2);

• F1 ...

• “former name”, in the case of an individual, means a name by which the individual was formerly known for business purposes;

• “name”, in the case of an individual, means the person's Christian name (or other forename) and surname, except that in the case of—

  (a)

  a peer, or

  (b)

  an individual usually known by a title,

  the title may be stated instead of the individual's Christian name (or other forename) and surname or in addition to either or both of them; and

• “parent law”—

  (a)

  in relation to an overseas company to which Chapter 2 of Part 5 applies (companies required to prepare and disclose accounts under parent law), has the meaning given by regulation 31(2), and

  (b)

  in relation to a credit or financial institution to which Chapter 2 of Part 6 applies (institutions required to prepare accounts under parent law), has the meaning given by regulation 44(2).

Textual Amendments

F1 Words in reg. 2 omitted (31.12.2020) by virtue of The Companies, Limited Liability Partnerships and Partnerships (Amendment etc.) (EU Exit) Regulations 2019 (S.I. 2019/348), reg. 2, Sch. 2 para. 4; 2020 c. 1, Sch. 5 para. 1(1)

Marginal Citations

M1 OJ L 395, 30.12.1989, p. 36.