Article 3 New Rule 111A

In the principal rules, after rule 111, insert—

“Registration of charges by certain overseas companies

111A.

(1)

An application to register a charge created by an overseas company must—

(a)

be accompanied by evidence to satisfy the registrar that the charge has been registered under Part 3 of the Regulations, or

(b)

include a statement that the charge, when created, did not require to be so registered.

(2)

If the application does not comply with paragraph (1) the registrar must enter a note in the register to the effect that no evidence has been lodged either that the charge has been registered in accordance with Part 3 of the Regulations or that such registration was not required.

(3)

In this rule, “the Regulations” means the Overseas Companies (Execution of Documents and Registration of Charges) Regulations 2009^f1.”.