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2.—(1) An existing SE need not comply with any provision of the new SEs Regulations which requires its register of SO members to contain particulars additional to those required by the old Regulations until the earlier of—
(a)the date on which the SE makes up its first annual return made up to a date on or after 1st October 2009, and
(b)the last date to which the SE should have made up that return.
(2) Sub-paragraph (1) does not apply in relation to a member of whom particulars are first registered on or after 1st October 2009 (whether the member was appointed before, on or after that date).
(3) Sub-paragraph (1) ceases to apply in relation to a member whose registered particulars fall to be altered on or after 1st October 2009 because they have changed (whether the change occurred before, on or after that date).
(4) This paragraph does not affect the particulars required to be included in the SE’s annual return.
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