Scottish Partnerships (Register of People with Significant Control) Regulations 2017 [SI 2017 No. 694]

Version status: In force | Document consolidation status: Updated to reflect all known changes

Published date: 22 June 2017

Scottish Partnerships (Register of People with Significant Control) Regulations 2017 [SI 2017 No. 694]

	Introductory Text
	Part 1 General Introductory Provisions (regs. 1 -3)
	Regulation 1 Citation and commencement
	Regulation 2 Interpretation
	Regulation 3 Key terms
	Part 2 Amendment of registration requirement for Scottish Limited Partnerships (reg. 4)
	Regulation 4 Amendment of the Limited Partnerships Act 1907
	Part 3 Registration of Scottish qualifying partnerships (regs. 5-9)
	Regulation 5 Duty on Scottish qualifying partnerships to register
	Regulation 6 Registration information
	Regulation 7 Notification of changes to the registration information
	Regulation 8 Effect of a partnership ceasing to be a Scottish qualifying partnership
	Regulation 9 Offences in relation to registration
	Part 4 Information duties (regs. 10-18)
	Regulation 10 Duty to investigate and obtain information
	Regulation 11 Duty to keep information up to date
	Regulation 12 Failure by an eligible Scottish partnership to comply with information duties
	Regulation 13 Duty on others to supply information
	Regulation 14 Duty on others to update information
	Regulation 15 Enforcement of disclosure requirements
	Regulation 16 Power to make exemptions
	Regulation 17 Required particulars
	Regulation 18 Nature of control over an eligible Scottish partnership
	Part 5 Duties to deliver information to the registrar (regs. 19-34)
	Regulation 19 Duty to deliver information to the registrar
	Regulation 20 Regulation Duty to deliver information about a relevant change
	Regulation 21 Meaning of "confirmed"
	Regulation 22 Usual residential address
	Regulation 23 Additional matters to be notified to the registrar where there is no registrable person or registrable relevant legal entity
	Regulation 24 Additional matters where there is an unidentified registrable person
	Regulation 25 Additional matters where an identified registrable person's particulars are not confirmed
	Regulation 26 Additional matters where investigations by an eligible Scottish partnership are ongoing
	Regulation 27 Additional matters where there is a failure to comply with a notice given under regulation 10
	Regulation 28 Additional matters where there is a failure to comply with a notice given under regulation 11
	Regulation 29 Additional matters where a notice given under regulation 10 or 11 is complied with after the time specified in the notice
	Regulation 30 Additional matters where an eligible Scottish partnership has issued a restrictions notice
	Regulation 31 End-dating of additional matters
	Regulation 32 Offences in relation to this Part
	Regulation 33 Information as to the state of the register
	Regulation 34 Power of court to order an eligible Scottish partnership to remedy default or delay
	Part 6 Confirmation statement (regs. 35-38)
	Regulation 35 Duty to deliver a confirmation statement
	Regulation 36 Meaning of "confirmation period" and "confirmation date"
	Regulation 37 Review period
	Regulation 38 Failure to deliver a confirmation statement
	Part 7 The protection of usual residential address information (regs. 39-43)
	Regulation 39 Information as to usual residential address
	Regulation 40 Restriction on use or disclosure of URA information by an eligible Scottish partnership
	Regulation 41 Restriction on disclosure of URA information by the registrar
	Regulation 42 Permitted use or disclosure by the registrar
	Regulation 43 Disclosure under court order
	Part 8 The protection of secured information (regs. 44-57)
	Regulation 44 Circumstances in which the registrar must omit secured information from material on the register available for public inspection
	Regulation 45 Circumstances in which the registrar must not disclose secured information
	Regulation 46 Fee payable for the disclosure by the registrar of secured information to a specified public authority
	Regulation 47 Fee payable for the disclosure by the registrar of secured information to a credit institution or a financial institution
	Regulation 48 Application by an individual requiring the registrar to refrain from disclosing that individual's secured information
	Regulation 49 Application by an eligible Scottish partnership requiring the registrar to refrain from disclosing an individual's secured information
	Regulation 50 Application by a prospective partner in a prospective eligible Scottish partnership requiring the registrar to refrain from disclosing an individual's secured information
	Regulation 51 Matters relating to an application made under regulation 48, 49 or 50
	Regulation 52 Withdrawal of an application made under regulation 48, 49 or 50
	Regulation 53 Appeal against an unsuccessful application made under regulation 48, 49 or 50
	Regulation 54 Unsuccessful determination made under regulation 48, 49 or 50
	Regulation 55 Duration of a determination under regulation 48, 49 or 50
	Regulation 56 Revocation of a determination under regulation 48(5), 49(5) or 50(5)
	Regulation 57 Protection by an eligible Scottish partnership of secured information
	Part 9 Application of the Companies Act 2006 (regs. 58-77)
	Application of Part 35 of the Companies Act 2006 (regs. 58-69)
	Regulation 58
	Regulation 59
	⚠ Draft Regulation 59A
	Regulation 60
	Regulation 61
	Regulation 61A
	Regulation 62
	Regulation 63
	Regulation 64
	Regulation 65
	Regulation 66
	Regulation 67
	Regulation 67A
	Regulation 68
	Regulation 69
	Application of Part 36 of the Companies Act 2006 (regs. 70-74)
	Regulation 70
	Regulation 71
	Regulation 72
	Regulation 73
	Regulation 74
	Application of Part 37 of the Companies Act 2006 (regs. 75-76)
	Regulation 75
	Regulation 76
	Regulation 77 Interpretation of this Part
	Part 10 Consequential amendments, transitional provision, and review (regs. 78-83)
	Regulation 78 Consequential amendment to the Companies Act 2006
	Regulation 79 Consequential amendment to the Limited Liability Partnerships (Application of Companies Act 2006) Regulations 2009
	Regulation 80 Transitional provision in relation to regulations 78 and 79
	Regulation 81 Consequential amendment to the Limited Partnerships (Forms) Rules 2009
	Regulation 82 Protection for registrable persons applying for protection of secured information
	Regulation 83 Review
	Schedule 1 References to people with significant control over an eligible Scottish partnership
	Schedule 1, Part 1 The specified conditions (paras. 1-6)
	Schedule 1, Part 2 Holding an interest in an eligible Scottish partnership etc. (paras. 7-9)
	Schedule 1, Part 3 Interpretation of Schedule 1 (paras. 10-19)
	Schedule 2 Enforcement of disclosure requirements
	Schedule 3 Statements required as to the nature of control
	Schedule 3, Part 1 First Condition (paras. 1-3)
	Schedule 3, Part 2 Second Condition (paras. 4-6)
	Schedule 3, Part 3 Third Condition (para. 7)
	Schedule 3, Part 4 Fourth Condition (para. 8)
	Schedule 3, art 5 Fifth Condition and Trusts (paras. 9-16)
	Schedule 3, Part 6 Fifth Condition and Firms (paras. 17-24)
	Schedule 3, Part 7 Interpretation of Schedule 3 (para. 25)
	Schedule 4 Specified public authorities
	Schedule 5 Conditions for permitted disclosure
	Schedule 5, Part 1 Disclosure to Specified Public Authorities (paras. 1-5)
	Schedule 5, Part 2 Disclosure to a Credit Institution or a Financial Institution (paras. 6-13)
	Schedule 5, Part 3 Interpretation of Schedule 5 (para. 14)
	Schedule 6 New Schedule to the Limited Partnerships (Forms) Rules 2009
	Signature
	Explanatory Note
	Explanatory Memorandum
	Impact Assessment