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Version status: Revoked | Document consolidation status: Updated to reflect all known changes
Version date: 22 March 2019 - onwards
  Version 3 of 3    

Regulation 11 Duty of beneficial owner (in certain circumstances) to notify his or her status as such

Revoked from 22 March 2019

(1) This Regulation applies to a natural person if -

(a) the natural person is a beneficial owner of a relevant entity,

(b) the natural person knows that to be the case or ought reasonably to do so,

(c) in relation to the natural person, the particulars referred to in Regulation 4(2)(a) and (b) are not stated in the relevant entity’s beneficial ownership register,

(d) the natural person has not been given a notice by the relevant entity under Regulation 6, and

(e) the circumstances specified in subparagraphs (a) to (d) have continued for a period of at least one month.

(2) A natural person to whom this Regulation applies shall notify, in writing, the relevant entity referred to in paragraph (1) of the natural person’s status (as a beneficial owner) of the relevant entity, and that notification shall state -

(a) the date, to the best of the person’s knowledge, on which the person acquired that status, and

(b) the particulars referred to in Regulation 4(2)(a) and (b).

(3) Para