PART 1General

Regulator: change in registered officeI16

1

Where—

a

a UK operator changes its registered office to the area of a different regulator (“A”); and

b

the UK operator gives notice of the change to A and its existing regulator,

A is the regulator of the UK operator from the beginning of the trading period following the service of the notice.

2

Where—

a

a UK operator which did not have a registered office in a trading period acquires a registered office;

b

that registered office is in the area of a regulator (“A”) that is not the regulator (“B”) of the UK operator in the trading period; and

c

the UK operator gives notice of the acquisition to A and B,

A is the regulator of the UK operator from the beginning of the trading period following the service of the notice.