[F1PART 21AU.K.Information about people with significant control

[F2CHAPTER 2AU.K.Duty to notify registrar of persons with significant control and ID verification

Duty to notify registrar of person ceasing to be person with significant control etcU.K.

790LFDuty to notify registrar when person ceases to have significant controlU.K.

(1)A company must give a notice to the registrar if it—

(a)has had confirmation that a person has ceased to be a registrable person or a registrable relevant legal entity in relation to it, and

(b)has had confirmation of the date on which the person so ceased.

(2)A notice under subsection (1) must state—

(a)the person’s name and service address, and

(b)the date on which the person ceased to be a registrable person or a registrable relevant legal entity in relation to the company.

(3)A notice under subsection (1) must be given within the period of 14 days beginning with the day on which the company had confirmation as mentioned in that subsection.

790LGNotification of someone not becoming person with significant control on incorporationU.K.

(1)A company must give a notice to the registrar if it knows that a person named in the statement under section 12A(1)(a) as a person who would, on the company’s incorporation, become a registrable person or a registrable relevant legal entity did not so become.

(2)A notice under subsection (1) must be given within the period of 14 days beginning with the day on which the company has the knowledge mentioned there.

790LHDuty to notify registrar if company ceases to have persons with significant controlU.K.

(1)A company must give a notice to the registrar if it knows or has cause to believe that—

(a)there has at some time been a person who is a registrable person or registrable relevant legal entity in relation to the company, and

(b)there has ceased to be anyone who is a registrable person or registrable relevant legal entity in relation to the company.

(2)A notice under subsection (1) must —

(a)state that the company has that knowledge or cause to believe, and

(b)specify the date on which the company first had that knowledge or cause to believe.

(3)A notice under subsection (1) must be given within the period of 14 days beginning with the day on which the company first had the knowledge or cause to believe mentioned in that subsection.

790LIPower to create further duties to notify informationU.K.

(1)The Secretary of State may by regulations impose further duties on a company to deliver information to the registrar about—

(a)registrable persons, or registrable relevant legal entities, in relation to the company (including information about whether it has any);

(b)compliance with Chapter 2 by the company or any person to whom the company has given a notice under that Chapter (including provision requiring a company to provide the registrar with a copy of any such notice, whether on request or otherwise).

(2)The provision that may be made by regulations under subsection (1) includes provision amending this Part.

(3)The consequential provision that may be made by regulations under subsection (1) by virtue of section 1292(1) also includes provision amending any other provision of this Act.

(4)Regulations under this section are subject to affirmative resolution procedure.

790LJPersons with significant control: offence of failure to notifyU.K.

(1)If a company fails, without reasonable excuse, to comply with section 790LA, 790LC, 790LD, 790LE, 790LF, 790LG or 790LH, or regulations under section 790LI, an offence is committed by—

(a)the company, and

(b)every officer of the company who is in default.

(2)For this purpose a shadow director is treated as an officer of the company.

(3)A person guilty of an offence under this section is liable on summary conviction to a fine not exceeding level 3 on the standard scale and, for continued contravention, a daily default fine not exceeding one-tenth of level 3 on the standard scale.

790LKPower of court to order company to remedy defaults or delayU.K.

(1)Where a company makes default in complying with section 790LA, 790LC, 790LD, 790LE, 790LF, 790LG or 790LH, or regulations under section 790LI, an application may be made to the court for an order requiring the company to deliver to the registrar the information (or statements) necessary to rectify the position.

(2)The application may be made by—

(a)any person aggrieved by the default,

(b)any member of the company, or

(c)any person who is a registrable person or a registrable relevant legal entity in relation to the company.

(3)On an application under subsection (1) the court may either refuse the application or may make the order and order the company to pay any damages sustained by any party aggrieved.

(4)On an application under subsection (1) the court may decide—

(a)any question as to whether the name of any person who is a party to the application should or should not be included in or omitted from information delivered to the registrar under this Chapter about persons who are a registrable person or a registrable relevant legal entity in relation to the company, and

(b)any question necessary or expedient to be decided for rectifying the position.

(5)Nothing in this section affects a person’s rights under section 1094 or 1096 (rectification of register).

790LLInformation as to whether information has been deliveredU.K.

(1)A person may request a company to tell the person whether all of the information that it is required to deliver to the registrar under this Chapter has been delivered.

(2)The company must comply with the request within the period of 14 days beginning with the day on which the request is made.

(3)If the company fails, without reasonable excuse, to do so, an offence is committed by—

(a)the company, and

(b)every officer of the company who is in default.

(4)A person guilty of an offence under this section is liable on summary conviction to a fine not exceeding level 3 on the standard scale.

(5)Subsection (1) does not apply in relation to information if the company is aware that, by virtue of regulations under section 1088, the registrar is required to refrain from making that information available for public inspection.]]