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Paragraph 4A Consent to registration of dispositions that cannot otherwise be registeredF1F2

Northern Ireland

(1)

The Secretary of State may consent to the registration of a disposition that would otherwise be prohibited by an inhibition entered under paragraph 3, or by paragraph 4, if satisfied—

(a)

that at the time of the disposition the person to whom it was made did not know, and could not reasonably have been expected to know, of the prohibition, and

(b)

that in all the circumstances it would be unjust for the disposition not to be registered.

(2)

The Secretary of State may by regulations make provision in connection with applications for consent, and the giving of consent, under sub-paragraph (1).

(3)

The regulations may, for example, make provision about—

(a)

who may apply;

(b)

evidence;

(c)

time limits.

(4)

Regulations made under sub-paragraph (2) are to be made by statutory instrument within the meaning given by section 1 of the Statutory Instruments Act 1946 subject to annulment in pursuance of a resolution of either House of Parliament.

Annotations

Textual amendments

F1

Sch. 8A inserted (5.9.2022) by Economic Crime (Transparency and Enforcement) Act 2022 (c. 10), s. 69(1), Sch. 5 para. 3; S.I. 2022/876, reg. 4(c)

F2

Sch. 8A para. 4A inserted (23.6.2023) by The Register of Overseas Entities (Penalties and Northern Ireland Dispositions) Regulations 2023 (S.I. 2023/696), regs. 1(1), 10(2)

Notes on the whole Act

Textual amendments

F1

Words in preamble of Act substituted (1.10.2009) by Constitutional Reform Act 2005 (c. 4), ss. 59(5), 148(1), Sch. 11 para. 6; S.I. 2009/1604, art. 2(d)

Notes on Schedule 8A

Modifications

C1

Sch. 8A: power to amend conferred (5.9.2022) by Economic Crime (Transparency and Enforcement) Act 2022 (c. 10), s. 33(4)-(6), 69(1); S.I. 2022/876, reg. 4(a)