Explanatory Note

(This note is not part of the Regulations)

These Regulations make provision about the registrar’s powers to change the address registered as the principal office of company directors, secretaries and persons with significant control (“relevant persons”), where the registrar is not satisfied that the address is in fact their principal office. The Regulations allow the registrar to act on the registrar’s own motion or on application.

Part 2 requires the registrar to nominate a default address for the purposes of these Regulations.

Part 3 provides for applications to be made to the registrar to change a relevant person’s registered principal office address and the notice to be given about the application.

Part 4 provides for the registrar to change a registered principal office address after having given prior notice to the relevant person and the relevant company.

Part 5 provides for the registrar to change a registered principal office address without giving prior notice.

Part 6 provides for the registrar to change a registered principal office address from one default address to another default address.

Part 7 provides for appeals against the registrar’s decisions under these Regulations.

Part 8 provides for the effect of changing a relevant person’s registered principal office address to a default address nominated by the registrar.

Part 9 provides that a relevant person who has had their registered principal office address changed to a default address commits an offence if they do not take all reasonable steps to ensure that notice is given by the relevant company to change the address to a new address within the compliance period.

No impact assessment has been prepared in connection with these Regulations.