Regulation 7 United Kingdom applicantsI1

In subsection (3) of section 7 of the 1982 Act (United Kingdom applicants), for the words “whose head office is in the United Kingdom” substitute—

“(a)

whose head office is in the United Kingdom; and

(b)

which is not an applicant to which section 5(1A) above applies,”.

Subsections (4) to (8) of that section and Schedule 3 to that Act (which are superseded by regulations 50 and 52 to 54 below) shall cease to have effect.