Rule 3 Transitional provision

(1)

Subject to paragraph (2), a pre-commencement form may continue to be used for the period of 15 months beginning with the day on which these Rules come into force.

(2)

Where a person makes an application to the registrar^f1—

(a)

that includes a disposition by an overseas entity;

(b)

to register an overseas entity as proprietor of a registered estate in land; or

(c)

that falls within both paragraphs (a) and (b),

a pre-commencement form may continue to be used for the period of 15 months beginning with the day on which these Rules come into force provided the person provides the information described in paragraph (3) with the application.

(3)

The information described in this paragraph is, for each overseas entity—

(a)

the overseas entity ID; or

(b)

confirmation that the overseas entity ID is not required.

(4)

For the purposes of this rule—

(a)

“pre-commencement form” means a form specified in Schedule 1 to, or the required wording specified in Schedule 1A to, the 2003 Rules, as those Rules were in force immediately before the coming into force of these Rules;

(b)

a pre-commencement form is “used”—

(i)

in the case where the form makes a registrable disposition within the meaning of section 132 of the Land Registration Act 2002, at the time that the disposition is made;

(ii)

in the case that a form is used to make an application to the registrar, at the time the application is delivered to the registrar^f2;

(c)

“overseas entity” has the meaning given in section 2 of the Economic Crime (Transparency and Enforcement) Act 2022;

(d)

“overseas entity ID” means an overseas entity ID allocated in accordance with section 5 of that Act.

Annotations

Footnotes

f1: “Registrar” has the meaning given in the Land Registration Rules 2003, S.I. 2003/1417.
f2: See rules 14 and 15 of the Land Registration Rules 2003.