(1) This regulation applies where a company -

(a) knows or has reasonable cause to believe that there is a registrable person in relation to the company; and

(b) has not been able to identify the registrable person.

(2) The company must -

(a) note in its PSC register that it knows or has reasonable cause to believe that there is a registrable person in relation to the company but it has not identified the registrable person; and

(b) make a separate note in its PSC register in respect of each registrable person which the company has been unable to identify.