# Economic Crime (Transparency and Enforcement) Act 2022, Paragraph 20: Rights treated as held by a person who controls their exercise

Extent: E+W+S+N.I.

(1) Where a person controls a right, the right is to be treated for the purposes of this Schedule as held by that person (and not by the person who in fact holds the right, unless that person also controls it).
(2) A person “controls” a right if, by virtue of any arrangement between that person and others, the right is exercisable only—
(a) by that person,
(b) in accordance with that person’s directions or instructions, or
(c) with that person’s consent or concurrence.
(3) “Arrangement” has the meaning given in paragraph 12(3) and (4).

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Source: https://www.legislation.gov.uk/ukpga/2022/10/schedule/2/paragraph/20 (the official version)
Page: https://openlegislation.uk/economic-crime-transparency-and-enforcement-act-2022/schedule-2/paragraph-20
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.