Paragraph 4 Joining of a participant with another participant

(1)

Sub-paragraphs (2) applies to a participant (“E”) where the following change occurs in the post-qualification period—

(a)

E becomes a member of another group or undertaking (“F”); and

(b)

F is required to register under article 24 but has not applied for registration.

(2)

In respect of the change, F must—

(a)

apply for registration as a participant in accordance with article 11;

(b)

when doing so notify the administrator that E is a member of F and when that occurred;

(c)

in that notification by F under paragraph (b) F must inform the administrator whether or not F requests that E may apply for registration as a separate participant; and

(d)

in respect of the information required under paragraph 6 of Schedule 4, include the information which applied to E in the qualification year.

(3)

Where a request is made under sub-paragraph (2)(c), that must be treated as an application for registration under article 26(2).