(1) On the registration of an overseas entity under this Part, the registrar must -
(a) record the date of registration in the register,
(b) allocate an overseas entity ID to the entity, and
(c) record the overseas entity ID in the register.
(2) Overseas entity IDs are to be in such form, consisting of one or more sequences of figures or letters, as the registrar may determine.
(3) The registrar may adopt a new form of overseas entity ID and make such changes to existing overseas entity IDs as appear necessary.
(4) A change of an overseas entity ID has effect from the date on which the overseas entity is notified by the registrar of the change.