Paragraph 12B Information about people with significant controlF1F2

Sections 790LA to 790LD, 790LF, 790LH and 790LJ to 790LT of the Companies Act 2006 (duty to notify registrar of persons with significant control and ID verification) apply to unregistered companies, with the following modifications

Read references to a company as references to an unregistered company.

In section 790LA, omit subsections (4) and (5).

In section 790LB, after subsection (3) insert—

“(3A)

If a notice under section 790LA(1) includes a statement under subsection (1) or subsection (2)(b), that statement must also include a statement of the individual’s unique identifier.

(5)

For section 790LC(4) substitute—

“(4)

Nothing in this section requires a company, when delivering the documents required under section 26, to give notice in relation to a person named as a director.”.

(6)

Omit section 790LD(4).

(7)

For section 790LH(4) and (5) substitute—

“(4)

A company is not required to give a notice under this section if—

(a)

it has delivered a statement of initial significant control stating that there is no person who is a registrable person or a registrable relevant legal entity in relation to the company, and

(b)

the company has no cause to believe that at any time since delivering that statement any person has become a registrable person or a registrable relevant legal entity in relation to the company.

(5)

In this section “statement of initial significant control” means the statement referred to in section 26(1)(c) (documents to be sent to the registrar on incorporation).”.

(8)

In section 790LJ(1)―

(a)

omit “790LE,” and “, 790LG”;

(b)

omit “, or regulations under section 790LI,”.

(9)

In section 790LK(1)―

(a)

omit “790LE,” and “, 790LG”;

(b)

omit “, or regulations under section 790LI,”;

(c)

omit subsection (5).

(10)

In section 790LL(5) after “section 1088,” insert “as applied to unregistered companies,”.

(11)

In section 790LM—

(a)

for subsection (1) substitute—

“(1)

This section applies where—

(a)

the registrar is notified under section 790LA that a person has become a registrable person in relation to a company (“the registrable person”), and

(b)

the notice does not include a statement under section 790LB(1) or it appears to the registrar that the statement is false.”;

(b)

in subsection (2), after “(see section 1110A)” insert “, and stating the individual’s unique identifier”.

(12)

In section 790LN―

(a)

for subsection (1)(b) substitute—

“(b)

became a registrable person before the day on which section 790LB(1) came fully into force.”;

(b)

in subsection (2), after “(see section 1110A)” insert “, and stating the individual’s unique identifier”;

(c)

in subsection (5) for the definition of “the appointed day” substitute—

• ““the appointed day” means such day as is appointed in regulations under this section as it applies to registrable persons of companies registered under the Companies Act 2006, except that any reference in those regulations to provisions of company law should be read as references to those provisions as applied to unregistered companies;”;

(d)

omit subsection (6).

(13)

In section 790LQ(2)(a)—

(a)

omit sub-paragraph (i);

(b)

in sub-paragraph (ii), omit “, in a case where the person became a registrable person after the incorporation of the company and such a statement was delivered to the registrar”.

(14)

In section 790LR—

(a)

in subsection (2)(a)(i) omit “12B(3) or”;

(b)

in subsection (3)(a)—

(i)

omit sub-paragraph (i);

(ii)

in sub-paragraph (ii), omit “, in a case where the entity became a relevant registrable legal entity after the incorporation of the company and such a statement was delivered to the registrar”.”.