BNO

quoted today from http://www.ukba.homeoffice.gov.uk/britishcitizenship/othernationality/britishnationaloverseas/

"On 30 June 1997, when sovereignty of Hong Kong returned to China, British overseas territories citizens lost that citizenship if they were connected only with Hong Kong. Special rules were introduced in 1986 to allow British overseas territories citizens from Hong Kong to acquire the new status of British (national) overseas.

British overseas territories citizens from Hong Kong who did not register as British nationals (overseas) and had no other nationality or citizenship on 30 June 1997 became British overseas citizens on 1 July 1997."

then is registering as BNO a trap??