OpenLegislation

Paragraph 3 IndividualsI1I2I3

United Kingdom

(1)

Where a registrable beneficial owner is an individual, the required information about the owner is—

(a)

name, date of birth and nationality;

(b)

usual residential address;

(c)

a service address;

(d)

the date on which the individual became a registrable beneficial owner in relation to the overseas entity;

F1(e)

whether the individual is a registrable beneficial owner by virtue of paragraph 2(1) of Schedule 2 or paragraph 2(2) of that Schedule;

(f)

if the individual is a registrable beneficial owner by virtue of paragraph 2(1) of Schedule 2—

(i)

a statement as to which of the conditions in paragraph 6 of that Schedule is met and why, and

(ii)

a statement as to whether that condition is met by virtue of the individual being a trustee;

(fa)

if the individual is a registrable beneficial owner by virtue of paragraph 2(2) of Schedule 2, a statement as to which of the conditions in paragraph 6A of that Schedule is met and why;

(g)

whether the individual is a designated person (within the meaning of section 9(2) of the Sanctions and Anti-Money Laundering Act 2018), where that information is publicly available.

(2)

For the purposes of sub-paragraph (1)(a), “name” means a person’s first name (or other forename) and surname, except that in the case of—

(a)

a peer, or

(b)

an individual usually known by a title,

the title may be stated instead of the person’s first name (or other forename) and surname or in addition to either or both of them.

Annotations

Textual amendments

F1

Sch. 1 para. 3(1)(e)-(fa) substituted for Sch. 1 para. 3(1)(e) (26.10.2023 for specified purposes, 4.3.2024 in so far as not already in force) by Economic Crime and Corporate Transparency Act 2023 (c. 56), ss. 162(2)(a), 219(1)(2)(b); S.I. 2024/269, reg. 2(z50) (with reg. 6)

Commencement

I1

Sch. 1 para. 3 not in force at Royal Assent, see s. 69

I2

Sch. 1 para. 3 in force at 1.8.2022 (except in so far as relating to ss. 7–11 of the Act) by S.I. 2022/876, reg. 3(b)

I3

Sch. 1 para. 3 in force in so far as not already in force at 12.10.2022 by S.I. 2022/1039, reg. 2(b)