Non-resident shareholding: existing non-resident shareholders may apply for additional shares subject to overall sectoral cap restraints. The Regulations add a provision allowing existing non-resident shareholders to apply for and the investee company to allot additional shares, provided that the overall issue of shares to non-residents in the total paid-up capital does not exceed the sectoral cap, and renumber existing sub-regulations 2(ii) and 2(iii) of Regulation 6 as 2(iii) and 2(iv).