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Introduction (ss. 1-2) |
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1. Overview |
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2. Definition of "overseas entity" etc |
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The register and registration (ss. 3-6) |
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3. Register of overseas entities |
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4. Application for registration |
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5. Registration and allocation of overseas entity ID |
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6. Notice of registration |
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Updating (ss. 7-8) |
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7. Updating duty |
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8. Failure to comply with updating duty |
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Removal (ss. 9-11) |
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9. Application for removal |
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10. Processing of application under section 9 |
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11. Transfer of documents to Public Record Office |
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Obtaining, updating and verifiying information (ss. 12-16) |
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12. Duty to take steps to obtain information |
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13. Additional powers to obtain information |
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14. Sections 12 and 13: supplementary |
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15. Failure to comply with notice under section 12 or 13 |
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15A False statements under section 12 or 13: basic offence |
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15B False statements under section 12 or 13: aggravated offence |
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16. Verification of registrable beneficial owners and managing officers |
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Exemptions (ss. 17-18) |
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17. Power to modify application process etc in certain cases |
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17A. Exceptions to duty to provide change of beneficiary information |
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18. Exemptions |
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Language requirement (s. 19) |
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19. Documents to be in English |
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Annotation of the register (s. 20) |
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20. Annotation of the register |
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Inspection of the register and protection of information (ss. 21-26) |
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21. Inspection and copies of register |
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22. Material unavailable for inspection |
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23. Disclosure of protected information |
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24. Consultation about regulations under section 23 |
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25. Power to make regulations protecting material |
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26. Data protection |
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Correction or removal of material on the register (ss. 27-31) |
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27. Resolving inconsistencies |
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28. Administrative removal of material from the register |
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28A Further provision about removal of material from the register |
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29. Application to rectify register |
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29A. |
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30. Court order to rectify register |
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31. Court powers on ordering removal of material from the register |
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False statements (ss. 32-32A) |
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32. False statements: basic offence |
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32A. False statements: aggravated offence |
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Land ownership and transactions (ss. 33-34) |
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33. Land ownership and transactions |
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34. Power to require overseas entity to register if it owns certain land |
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Supplementary provision about offences (ss. 35-38) |
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35. Liability of officers in default |
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36. Meaning of "daily default fine" |
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37. Consent required for prosecutions |
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38. Further provision about proceedings |
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Financial penalties (s. 39) |
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39. Financial penalties |
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Sharing of information by HMRC (s. 40) |
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40. Sharing of information by HMRC |
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Transitional provision (ss. 41-43) |
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41. Applications in the transitional period: information about land transactions |
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42. Requirement for certain unregistered overseas entities to provide information |
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43. Section 42: supplementary |
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43A. Duty to deliver further information for transitional cases |
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Interpretation (s. 44) |
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44. Interpretation |
