Regulation 3
Sections 2 and 3 of the Business Names Act 1985 shall not prohibit a person from carrying on any business under a name which includes any word or expression specified for the purposes of those sections by virtue of the amendments made by regulation 2(2) and (3) above to the Company and Business Names Regulations 1981, if—
he carried on that business immediately before 12th June 1992, and
he continues to carry it on under the name which immediately before that day was its lawful business name.
Nor shall sections 2 and 3 of the Business Names Act 1985 prohibit a person to whom a business has been transferred on or after 12th June 1992 from carrying on that business during the period of twelve months beginning with the date of transfer so long as he continues to carry it on under the name which was its lawful business name immediately before that date.