SCHEDULE 2AMENDMENTS OF PART XXIII OF THE PRINCIPAL ACT

PART IREGISTRATION ETC.

Registration

2.  Before section 691 there shall be inserted—

“Branch registration under the Eleventh Company Law Directive (89/666/EEC).

690A.—(1) This section applies to any limited company which—

(a)is incorporated outside the United Kingdom and Gibraltar, and

(b)has a branch in Great Britain.

(2) Schedule 21A to this Act (Branch registration under the Eleventh Company Law Directive (89/666/EEC)) shall have effect in relation to any company to which this section applies.

Scope of sections 691 and 692.

690B.  Sections 691 and 692 shall not apply to any limited company which—

(a)is incorporated outside the United Kingdom and Gibraltar, and

(b)has a branch in the United Kingdom.”