(1) The Commissioners must maintain a register ("the register") of -
(a) beneficial owners of taxable relevant trusts; and
(b) potential beneficiaries (referred to in regulation 44(5)(b)) of taxable relevant trusts.
(2) The trustees of a taxable relevant trust must within the time specified in paragraph (3) provide the Commissioners with -
(a) the information specified in paragraph (5) in relation to the trust;
(b) the information specified in paragraph (6) in relation to each of the individuals referred to in regulation 44(2)(b) and (5)(b) (but if sub-paragraph (d) applies, this information does not need to be provided in relation to the beneficiaries of the trust);
(c) the information specified in paragraph (7) in relation to each of the legal entities referred to in regulation 44(2)(b);
(d) the information specified in paragraph (8), where the beneficial owners include a class of beneficiaries, not all of whom have been determined.
(3)The information required under paragraph (2) mus
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