Charges by overseas companies
The requirement for overseas companies to register charges with the registrar of companies does not apply to charges created on or after 1 October 2011 over property of the company situated in the UK. This requirement was repealed by regulation 2(3) of The Overseas Companies (Execution of Documents and Registration of Charges) (Amendment) Regulations 2011.
Rule 111A of the Land Registration Rules 2003 therefore does not apply to charges created on or after 1 October 2011 and should be ignored in relation to such charges. The rule will be amended at a future date.