Regulators: change in registered officeU.K.
This section has no associated Explanatory Memorandum
29.—(1) This paragraph applies where a UK administered operator (“A”) with a registered office in the area of one regulator changes, in the course of a trading period, the address of its registered office to the area of a different regulator (“R”).
(2) Where paragraph (1) applies, R is the regulator of A from the beginning of the next trading period.
(3) Where—
(a)a UK administered operator (“B”) which did not have a registered office at the beginning of a trading period acquires a registered office in the course of that period, and
(b)that registered office is in the area of a regulator (“S”) who is not the regulator of B in that trading period,
S is the regulator of B from the beginning of the next trading period.