C1F1PART 21AInformation about people with significant control
Pts. 1-39 modified (31.12.2020) by Regulation (EC) No. 2157/2001, Art. AAA1(3) (as inserted by The European Public Limited-Liability Company (Amendment etc.) (EU Exit) Regulations 2018 (S.I. 2018/1298), regs. 1, 97 (with regs. 140-145) (as amended by S.I. 2020/523, regs. 1(2), 5(a)-(f)); 2020 c. 1, Sch. 5 para. 1(1))
F3CHAPTER 2ADuty to notify registrar of persons with significant control and ID verification
Pt. 21A Ch. 2A inserted (26.10.2023 for specified purposes, 4.3.2024 for specified purposes) by Economic Crime and Corporate Transparency Act 2023 (c. 56), s. 219(1)(2)(b), Sch. 2 para. 18; S.I. 2024/269, reg. 2(z10)
F2Identity verification obligations for persons with significant control
Ss. 790LM-790LT and cross-heading inserted (26.10.2023 but only so far as it confers a power to make regulations or relates to the exercise of the power, otherwise prosp.) by Economic Crime and Corporate Transparency Act 2023 (c. 56), ss. 64(3), 219(1)(2)(b)
790LRRegistrable relevant legal entities: duty to maintain registered officer whose identity is verified
1
A registrable relevant legal entity in relation to a company must ensure that, throughout the relevant period, its registered officer—
a
is a relevant officer of the entity, and
b
is an individual whose identity is verified (see section 1110A).
2
In this section “registered officer”, in relation to a registrable relevant legal entity, means—
a
the person whose name is specified in—
i
a statement delivered to the registrar in respect of the entity under section 12B(3) or 790LB(2),
ii
a statement delivered to the registrar by the entity in pursuance of a direction under section 790LO(2), or
iii
a statement delivered to the registrar under section 790LP(2),
unless the entity has changed its registered officer under section 790LS, or
b
if the entity has changed its registered officer under section 790LS, the person specified in the latest notice under that section.
3
In this section “the relevant period” means the period—
a
beginning with—
i
the incorporation of the company, in a case where the entity became a relevant registrable legal entity on the incorporation of the company and the application for registration of the company included a statement under section 12B(3) in respect of the entity,
ii
the delivery to the registrar of a statement in respect of the registrable relevant legal entity under section 790LB(2), in a case where the entity became a relevant registrable legal entity after the incorporation of the company and such a statement was delivered to the registrar,
iii
the expiry of the period for complying with the direction 790LO, in a case where the entity is given a direction under that section, and
iv
the expiry of the period for complying with section 790LP, where that section applies to the entity, and
b
ending with the giving of a notice to the registrar under section 790LF that the entity has ceased to be a relevant registrable legal entity in relation to the company,
but see subsection (4).
4
If the registered officer of a registrable relevant legal entity ceases to be a relevant officer of that entity, “the relevant period” does not include the period of 28 days beginning with the day on which the person so ceases.
5
In this section “relevant officer” has the meaning given by section 790LO(6).
Pt. 21A inserted (26.5.2015 for specified purposes, 6.4.2016 except for the insertion of ss. 790M(9)(c), 790W-790ZE and 30.6.2016 so far as not already in force) by Small Business, Enterprise and Employment Act 2015 (c. 26), s. 164(1), Sch. 3 para. 1; S.I. 2015/1329, reg. 3(a); S.I. 2015/2029, regs. 4(a), 5(a)