(1) This section applies to an individual if -
(a) in relation to the individual (as a beneficial owner of the investment limited partnership), the particulars referred to in section 27A(1)(a) and (b) are stated in an investment limited partnership’s beneficial ownership register,
(b) a relevant change occurs,
(c) the individual knows of the change or ought reasonably to do so,
(d) the investment limited partnership’s beneficial ownership register has not been altered to reflect the change, and
(e) the individual has not been given a notice by the general partner under section 28 by the end of the period of one month beginning with the day on which the change occurred.
(2) For the purposes of this section, a relevant change occurs if -
(a) the individual referred to in subsection (1) ceases to be a beneficial owner of the investment limited partnership referred to in that subsection, or
(b) any other change occurs as a result of which the particulars (stated in the investment limit
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