Regulation 6 Information in relation to dealing in an item in respect of which an exemption certificate was issued to a different personI1

United Kingdom

(1)

This regulation applies where a person (“P”) intends to deal in an item in respect of which an exemption certificate was issued to a different person (as described in section 4(7) of the Act).

(2)

Before dealing in the item, P must provide to the Secretary of State—

(a)

P’s name, address and, if P has an email address, that email address;

(b)

where P is not the owner of the item—

(i)

the name and address of the owner of the item;

(ii)

if the owner of the item has an email address, that email address;

(iii)

the capacity in which P is proposing to act in dealing in the item;

(c)

the reference number of the exemption certificate relating to the item;

(d)

a declaration that, in P’s opinion—

(i)

the exemption certificate relates to the item that P intends to deal in,

(ii)

the relevant information on the certificate remains accurate and complete, and

(iii)

the item continues to satisfy the conditions specified in section 2(2)(a) and (b) of the Act.

(3)

In this regulation, “relevant information” has the meaning specified in section 4(8) of the Act.

Annotations

Commencement

I1: Reg. 6 in force at 24.2.2022, see reg. 1