Regulation 17 Additional matters where a company has issued a restrictions notice

(1)

This regulation applies where a company has issued a restrictions notice^f1 under paragraph 1 of Schedule 1B to the Act.

(2)

The company must—

(a)

note in its PSC register that it has issued a restrictions notice under paragraph 1 of Schedule 1B to the Act; and

(b)

make a separate note in its PSC register in respect of each registrable person which the company has been unable to identify.

(3)

Where the company withdraws the restrictions notice under paragraph 11 of Schedule 1B to the Act, the company must note in its PSC register—

(a)

that it has withdrawn the restrictions notice by giving a withdrawal notice; and

(b)

the date specified in the withdrawal notice as the date on which the withdrawal notice was given.

(4)

Where a court^f2 makes an order under paragraph 8 of Schedule 1B to the Act directing that a relevant interest in the company^f3 cease to be subject to restrictions, the company must note in its PSC register—

(a)

that the court has made an order under paragraph 8 of Schedule 1B to the Act directing that a relevant interest in the company cease to be subject to restrictions; and

(b)

the date on which that order takes effect.

Annotations

Footnotes

f1: See paragraph 1(2) of Schedule 1B to the Act for the meaning of “restrictions notice”.
f2: See section 1156(1) of the Act for the meaning of “court”; section 1156(1) was amended by paragraph 43(a) of Schedule 9 to the Crime and Courts Act 2013 (c.22).
f3: See paragraph 2 of Schedule 1B to the Act for the meaning of “a relevant interest in a company”.