# Companies Act 2006, Section 1098F: Ceasing to be an authorised corporate service provider


(1) A person ceases to be an authorised corporate service provider if the person ceases to be a relevant person as defined by regulation 8(1) of the Money Laundering Regulations.
(2) The Secretary of State may by regulations—
(a) provide for other circumstances in which a person ceases to be an authorised corporate service provider, whether automatically or as a result of a decision taken by the registrar;
(b) provide for circumstances in which the registrar may suspend a person’s status as an authorised corporate service provider pending a decision by the registrar under regulations made by virtue of paragraph (a).
(3) The provision that can be made under subsection (2) includes provision as to—
(a) procedure;
(b) the period of a suspension;
(c) the revocation of a suspension.
(4) The provision that can be made in regulations under subsection (2) includes provision conferring a discretion on the registrar.
(5) Regulations under subsection (2) are subject to affirmative resolution procedure.
(6) In this section “Money Laundering Regulations” has the meaning given by section 1098B(8).

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Source: https://www.legislation.gov.uk/ukpga/2006/46/section/1098F (the official version)
Page: https://openlegislation.uk/companies-act-2006/section-1098F
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.