Article 7 Amendment of the Russia (Sanctions) (Overseas Territories) Order 2020
In paragraph 44 (regulation 71: “relevant firm”), in the substituted text—
for sub-paragraph (1)(c)(v) substitute—
“(v)company services, or
(vi)trust services;”
in paragraph (2), omit the definition of “trust or company services” and at the appropriate places insert—
““company services” means any of the following services—
- (a)
forming companies or other legal persons;
- (b)
acting, or arranging for another person to act—
- (i)
as a director or secretary of a company,
- (ii)
as a partner of a partnership, or
- (iii)
in a similar capacity in relation to other legal persons;
- (c)
providing a registered office, business address, correspondence or administrative address or other related services for a company, partnership or any other legal person or arrangement;
- (d)
acting, or arranging for another person to act, as a nominee shareholder for a person;”;
““trust services” has the meaning given in regulation 18C(7) (trust services).”