Paragraph 4 Application for group registration

(1)

An application to the appropriate agency for a group registration must be made by the holding company of a corporate group, whether or not the holding company is a producer.

(2)

The application must be submitted to the appropriate agency—

(a)

in relation to 2025, on or before 1st April 2025;

(b)

in relation to 2026 or any subsequent year, on or before—

(i)

the date specified in regulation 28(1)(b)(i), if any of the relevant group members included in the application would be required to apply for registration by that date if they were applying for registration separately; or

(ii)

the date specified in regulation 28(1)(b)(ii) in any other case.

(3)

The application must—

(a)

be made in such form and manner as the appropriate agency specifies;

(b)

include the information set out in Schedule 3 for each body corporate to be included in the group registration;

(c)

be accompanied by such other information as the appropriate agency may reasonably require to determine the application;

(d)

be verified by the signature of an approved person of the holding company; and

(e)

be accompanied by payment of the sum of—

(i)

the charge under paragraph 2(1)(a) to (c) of Schedule 1 for the holding company (which in the case of a holding company which is not a producer is payable as if it were a producer);

(ii)

the charge under paragraph 2(1)(d) of Schedule 1 for each subsidiary; and

(iii)

the additional charge for late registration under paragraph 2(2) of Schedule 1 for the holding company and for each subsidiary, if the application is made after the date referred to in sub-paragraph (2).

(4)

Regulation 30 applies to the application with the modifications that—

(a)

the reference to “the producer” in paragraph (1)(a), the first reference in paragraph (2)(a) and the references in paragraphs (2)(b) and (3) were references to the holding company;

(b)

the second and third references to “the producer” in paragraph (2)(a) and the reference in paragraph (2)(c) were references to each body corporate included in the application;

(c)

the reference to “the producer’s registration” in paragraph (2)(c) were a reference to “that body corporate’s registration”.

(5)

If registration is granted, the registration is subject to—

(a)

the condition that the holding company and each subsidiary registered as part of the group registration comply with the obligations which they have respectively under paragraph 5 below; and

(b)

the conditions in regulation 31(b) to (e), read with the modifications that—

(i)

the first reference to P in regulation 31(c), the first and second references in regulation 31(d) and the first reference in regulation 31(e) were references to the holding company; and

(ii)

all other references to P were references to the holding company or any subsidiary registered as part of the group registration.

(6)

Regulation 32 applies in relation to the registration, with the modifications that—

(a)

the references to “a producer” in the opening words of paragraphs (1) and (2), and to “the producer” in paragraph (2)(b), were references to the group;

(b)

the references to “the producer” in paragraphs (1)(a) and (b) were references to the holding company or any subsidiary registered as part of the group registration;

(c)

the reference in paragraph (1)(a) to the conditions in regulation 31 were a reference to the conditions in sub-paragraph (5) above;

(d)

paragraph (2)(a) does not apply; and

(e)

the notice required by paragraph (3) is to be served on the holding company.

(7)

If any of the circumstances in regulation 27(1) applies to a relevant group member in the group registration, the holding company must apply to the appropriate authority to amend the group registration by removing that relevant group member from the registration.