# Economic Crime (Transparency and Enforcement) Act 2022, Paragraph 3: Registrable beneficial owners: legal entities

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

(1) A legal entity other than a government or public authority is a “registrable beneficial owner” in relation to an overseas entity if it—
(a) is a beneficial owner of the overseas entity by virtue of paragraph 6,
(b) is subject to its own disclosure requirements (see Part 3) or is a beneficial owner of the overseas entity by virtue of being a trustee, and
(c) is not exempt from being registered (see Part 4).
(2) A legal entity other than a government or public authority is also a “registrable beneficial owner” in relation to an overseas entity if it is treated as a beneficial owner of the overseas entity by virtue of paragraph 6A.

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Source: https://www.legislation.gov.uk/ukpga/2022/10/schedule/2/paragraph/3 (the official version)
Page: https://openlegislation.uk/economic-crime-transparency-and-enforcement-act-2022/schedule-2/paragraph-3
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.