OpenLegislation

Article 27 Changes to undertakings and groups

Original text. Later amendments are not shown.

(1)

Paragraph (2) applies where—

(a)

a requirement to register applies to a group or undertaking under article 24 or 26; and

(b)

a change described in section 1 of Part 3 of Schedule 6 applies to that group or undertaking after the qualification day but before the group or undertaking makes an application for registration within the time provided under article 12 (“the post-qualification period”).

(2)

Where this paragraph applies—

(a)

a group or undertaking to which article 24 or 26 would otherwise apply must instead register as a participant as provided by section 1 of Part 3 of Schedule 6; and

(b)

other undertakings affected by such change must comply with that section.