Paragraph 3 Company with existing registered branch
(1)
An overseas company that immediately before 1st October 2009—
(a)
had a branch in the United Kingdom, and
(b)
had complied in respect of that branch with the requirements of paragraph 1(1) to (3) of Schedule 21A to the 1985 Act or paragraph 1(1) to (3) of Schedule 20A to the 1986 Order,
is treated as having complied in respect of that branch with the requirements of Part 2 of these Regulations (initial registration of particulars).