Source: http://www.agreementdesk.co.uk/acts/the-overseas-companies-regulations-2009.php
Timestamp: 2017-11-18 23:04:48
Document Index: 672083584

Matched Legal Cases: ['ART 2', 'art\n4', 'ART 3', 'art\n13', 'ART 4', 'art\n19', 'ART 5', 'ART 6', 'ART 7', 'art\n59', 'ART 8', 'art\n69', 'ART 10', 'art 5', 'art 6', 'art 6', 'art 6', 'art 3', 'art 5', 'art 6', 'art 3', 'art 5', 'art 5']

The Overseas Companies Regulations 2009 List of acts
Made 0000
Coming into force 1st October 2009
PART 2 INITIAL REGISTRATION OF PARTICULARS
3.Application and interpretation of Part
4.Duty to deliver return and documents
5.Particulars to be included in return
6.Particulars of the company
7.Particulars of the establishment
8.Documents to be delivered with the return: copy of company’s constitution
9.Documents to be delivered with the return: copies of accounting documents
10.Statement as to future manner of compliance with accounting requirements
11.Penalty for non-compliance
PART 3 ALTERATION IN REGISTERED PARTICULARS
12.Application of Part
13.Return of alteration in registered particulars
14.Return of alteration in company’s constitution
15.Return of alteration as regards filing of certified copy of constitution
16.Return of alteration of manner of compliance with accounting requirements
17.Penalty for non-compliance
PART 4 USUAL RESIDENTIAL ADDRESSES: PROTECTION FROM DISCLOSURE
18.Application and interpretation of Part
19.Protected information
20.Protected information: restriction on use or disclosure by company
21.Protected information: restriction on use or disclosure by registrar
22.Permitted use of protected information by the registrar: communication
23.Permitted disclosure by the registrar: disclosure to specified public authority
24.Permitted disclosure by the registrar: disclosure to credit reference agency
25.Application to prevent disclosure to credit reference agency
26.Disclosure under court order
27.Circumstances in which registrar may put address on the public record
28.Putting the address on the public record
29.Penalty for non-compliance
PART 5 DELIVERY OF ACCOUNTING DOCUMENTS: GENERAL
30.Application of Part
CHAPTER 2 Companies required to prepare and disclose accounts under parent law
31.Application and interpretation of Chapter
32.Duty to file copies of accounting documents disclosed under parent law
33.Statement of details of parent law and other information
34.Period allowed for filing copies of accounting documents
35.Penalty for non-compliance
CHAPTER 3 Companies not required to prepare and disclose accounts under parent law
36.Application of Chapter
37.A company’s financial year
38.Duty to prepare accounts
39.Approval and signing of accounts
40.Duty to file accounts
41.Penalty for non-compliance
PART 6 DELIVERY OF ACCOUNTING DOCUMENTS: CREDIT OR FINANCIAL INSTITUTIONS
43.Application and interpretation of Part
CHAPTER 2 Institutions required to prepare accounts under parent law
44.Application and interpretation of Chapter
45.Initial filing of copies of accounting documents
46.Filing of copies of subsequent accounting documents
47.Statement of details of parent law and other information
48.Supplementary provisions as to obligation to file copies of accounting documents
49.Exception where documents available for inspection
50.Penalty for non-compliance
CHAPTER 3 Institutions not required to prepare accounts under parent law
51.Application of Chapter
52.An institution’s financial year
53.Duty to prepare accounts
54.Approval and signing of accounts
55.Duty to file accounts
56.Penalty for non-compliance
57.Supplementary provisions
PART 7 TRADING DISCLOSURES
58.Application and interpretation of Part
59.Legibility of displays and disclosures
60.Requirement to display name etc at business location
61.Manner of display of name etc
62.Company’s name to appear on communications
63.Particulars to appear in business letters, order forms and websites
64.Disclosure of names of directors
65.Disclosures relating to address for service
66.Civil consequences of failure to make a required disclosure
67.Penalty for non-compliance
PART 8 RETURNS IN CASE OF WINDING UP ETC
68.Application of Part
69.Return in case of winding up
70.Returns to be made by liquidator
71.Return in case of insolvency proceedings etc (other than winding up)
72.Penalties for non-compliance
73.Notice of appointment of judicial factor
74.Offence of failure to give notice
75.Service of documents on director, secretary or permanent representative
76.Documents subject to Directive disclosure requirements
77.Duty to give notice of closure of UK establishment
PART 10 SUPPLEMENTARY PROVISIONS
78.Documents that may be drawn up and delivered in a language other than English
79.Revocations
80.Transitional provisions and savings
SCHEDULE 1 SPECIFIED PUBLIC AUTHORITIES
SCHEDULE 2 CONDITIONS FOR PERMITTED DISCLOSURE
SCHEDULE 3 APPLICATION TO PREVENT DISCLOSURE OF ADDRESS TO CREDIT REFERENCE AGENCY
SCHEDULE 4 OVERSEAS COMPANIES INDIVIDUAL ACCOUNTS
SCHEDULE 5 OVERSEAS COMPANIES GROUP ACCOUNTS
SCHEDULE 6 CREDIT AND FINANCIAL INSTITUTIONS INDIVIDUAL ACCOUNTS
SCHEDULE 7 CREDIT AND FINANCIAL INSTITUTIONS GROUP ACCOUNTS
SCHEDULE 8 TRANSITIONAL PROVISIONS AND SAVINGS
The Secretary of State makes the following Regulations in exercise of the powers conferred by sections 1046(1), (2) and (4) to (6), 1047(1), 1049(1) to (3), 1050(3) to (5), 1051(1) to (3), 1053(2) to (5), 1054(1) and (2), 1055, 1056, 1058(1) to (3), 1078(5), 1105(1) and (2), 1140(2), 1292 (1) and (4), and 1294 of the Companies Act 2006(1).
In accordance with sections 1046(8), 1051(5), 1053(6), 1290, 1292(4) and 1294(6) of that Act, a draft of this instrument was laid before Parliament and approved by each House of Parliament.
1.—(1) These Regulations may be cited as the Overseas Companies Regulations 2009.
“accounting documents”—
(a)in relation to an overseas company to which Chapter 2 of Part 5 applies (companies required to prepare and disclose accounts under parent law), has the meaning given by regulation 31(2), and
(b)in relation to a credit or financial institution to which Chapter 2 of Part 6 applies (institutions required to prepare accounts under parent law), has the meaning given by regulation 44(2);
“constitution”, in relation to an overseas company, means the charter, statutes, memorandum and articles of association or other instrument constituting or defining the company’s constitution;
“credit or financial institution” means a credit or financial institution to which section 1050 of the Companies Act 2006 applies;
“disclosure”, in relation to a credit or financial institution to which Chapter 2 of Part 6 applies, has the meaning given by regulation 44(2);
(a)a branch within the meaning of the Eleventh Company Law Directive (89/666/EEC)(1), or
(b)a place of business that is not such a branch,
and “UK establishment” means an establishment in the United Kingdom;
“financial period”—
“First Company Law Directive” means the First Council Directive on co-ordination of safeguards which, for the protection of the interests of members and others, are required by Member States of companies within the meaning of the second paragraph of Article 58 of the Treaty, with a view to making such safeguards equivalent throughout the Community (68/151/EEC)(2);
“former name”, in the case of an individual, means a name by which the individual was formerly known for business purposes;
“name”, in the case of an individual, means the person’s Christian name (or other forename) and surname, except that in the case of—
the title may be stated instead of the individual’s Christian name (or other forename) and surname or in addition to either or both of them; and
“parent law”—
(b)in relation to a credit or financial institution to which Chapter 2 of Part 6 applies (institutions required to prepare accounts under parent law), has the meaning given by regulation 44(2).
INITIAL REGISTRATION OF PARTICULARS
3.—(1) This Part applies to an overseas company that opens a UK establishment.
“director” includes shadow director; and
Duty to deliver return and documents
4.—(1) The company must within one month of having opened a UK establishment—
(a)deliver to the registrar a return complying with the requirements of this Part, and
(b)deliver with the return the documents required by this Part.
(2) These requirements apply each time a company opens an establishment in the United Kingdom.
Particulars to be included in return
5.—(1) The return must contain—
(a)the particulars specified in regulation 6 (particulars of the company), and
(b)the particulars specified in regulation 7 (particulars of the establishment).
(2) If at the time the return is delivered the company—
(a)has another UK establishment,
(b)has delivered a return in respect of that establishment containing the particulars specified in regulation 6, and
(c)has no outstanding obligation under Part 3 in respect of an alteration to those particulars,
the company may instead state in the return that those particulars are included in the particulars delivered in respect of another UK establishment (giving the registered number of that establishment).
Particulars of the company
6.—(1) The particulars of the company to be included in the return are—
(b)the company’s legal form,
(i)with respect to each director, the particulars specified in paragraph (3), and
(ii)with respect to the secretary (or where there are joint secretaries, with respect to each of them) the particulars specified in paragraph (4),
(e)the extent of the powers of the directors or secretary to represent the company in dealings with third parties and in legal proceedings, together with a statement as to whether they may act alone or must act jointly and, if jointly, the name of any other person concerned, and
(f)whether the company is a credit or financial institution.
(2) In the case of a company that is not incorporated in an EEA State, the particulars of the company to be included in the return must also include—
(a)the law under which the company is incorporated,
(b)in the case of a company to which Chapter 2 of Part 5 or Chapter 2 of Part 6 applies (requirement to prepare and disclose accounts under parent law), the period for which the company is required by its parent law to prepare accounts, together with the period allowed for the preparation and public disclosure (if any) of accounts for such a period,
(c)unless disclosed by the company’s constitution (see regulation 8)—
(i)the address of its principal place of business in its country of incorporation or, if applicable, its registered office,
(3) The particulars referred to in paragraph (1)(d)(i) (directors) are—
(iii)a service address,
(iv)usual residential address,
(v)the country or state in which the individual is usually resident,
(vi)nationality,
(vii)business occupation (if any), and
(viii)date of birth;
(b)in the case of a body corporate, or a firm that is a legal person under the law by which it is governed—
(i)corporate or firm name,
(ii)registered or principal office,
(iii)in the case of an EEA company to which the First Company Law Directive applies, particulars of—
(aa)the register in which the company file mentioned in Article 3 of that Directive is kept (including details of the relevant state), and
(bb)the registration number in that register,
(iv)in any other case, particulars of—
(aa)the legal form of the company or firm and the law by which it is governed, and
(bb)if applicable, the register in which it is entered (including details of the state) and its registration number in that register.
(4) The particulars referred to in paragraph (1)(d)(ii) (secretary) are—
(ii)any former name, and
(iii)a service address;
But if all the partners in a firm are joint secretaries of the company it is sufficient to state the particulars that would be required if the firm were a legal person and the firm had been appointed secretary.
(5) For the purposes of paragraphs (3)(a)(ii) and (4)(a)(ii), where a person is or was formerly known by more than one former name, each of them must be stated.
(6) It is not necessary to include in the return particulars of a former name in the following cases—
(a)in the case of a peer or an individual normally known by a title, where the name is one by which the person was known previous to the adoption of or succession to the title,
(7) For the purposes of paragraph (3)(a)(iv) if the person’s usual residential address is the same as the person’s service address the return need only contain a statement to that effect.
Particulars of the establishment
7.—(1) The particulars of the establishment to be included in the return are—
(a)address of the establishment,
(b)date on which it was opened,
(c)business carried on at it,
(d)name of the establishment if different from the name of the company,
(e)name and service address of every person resident in the United Kingdom authorised to accept service of documents on behalf of the company in respect of the establishment, or a statement that there is no such person,
(f)a list of every person authorised to represent the company as a permanent representative of the company in respect of the establishment, containing the following particulars with respect to each such person—
(iii)service address, and
(g)extent of the authority of any person falling within sub-paragraph (f), including whether that person is authorised to act alone or jointly, and
(h)if a person falling within sub-paragraph (f) is not authorised to act alone, the name of any person with whom they are authorised to act.
(2) For the purpose of paragraph (1)(f)(iv) if the person’s usual residential address is the same as the person’s service address the return need only contain a statement to that effect.
Documents to be delivered with the return: copy of company’s constitution
8.—(1) A certified copy of the company’s constitution must be delivered to the registrar with the return.
(b)has delivered a certified copy of the company’s constitution with a return relating to that establishment, and
(c)has no outstanding obligation under Part 3 in respect of an alteration to its constitution,
the company may instead state in the return that a certified copy of the company’s constitution has been delivered in respect of another UK establishment (giving the registered number of that establishment).
Documents to be delivered with the return: copies of accounting documents
9.—(1) If the company is one to which Chapter 2 of Part 5 applies (companies required to prepare and disclose accounts under parent law), copies of the company’s latest accounting documents must be delivered to the registrar with the return.
(2) The company’s latest accounting documents means the accounting documents, prepared for a financial period of the company, last disclosed in accordance with its parent law before the end of the period allowed for delivery of the return or, if earlier, the date on which the company delivers the return.
(3) If at the time the return is delivered the company—
(a)has another UK establishment, and
(b)has delivered the documents required by paragraph (1) in connection with a return relating to that establishment,
the company may instead state in the return that the documents are included in the material delivered in respect of another UK establishment (giving the registered number of that establishment).
Statement as to future manner of compliance with accounting requirements
10.—(1) If the company is one to which Part 5 applies (delivery of accounting documents: general), the return must state—
11.—(1) If a company fails to comply with any of the requirements of this Part, an offence is committed by—
ALTERATION IN REGISTERED PARTICULARS
(a) a fine not exceeding level 3 on the standard scale, and
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