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Version status: In force | Document consolidation status: Updated to reflect all known changes
Version date: 4 March 2024 - onwards
Version 4 of 4

10. Processing of application under section 9

(1) On receipt of an application by a registered overseas entity under section 9, the registrar must check whether the overseas entity is registered as the proprietor of a relevant interest in land (see subsection (10) of that section).

(2) If the overseas entity is not registered as the proprietor of a relevant interest in land and there are no updates pending, the registrar must remove it from the list of registered overseas entities.

(3) If the overseas entity is registered as the proprietor of a relevant interest in land or there is an update pending, the registrar must refuse the application.

(3A) For the purposes of subsections (2) and (3) an update is pending if -

(a) an update period for the entity has ended and the entity has not yet complied with the duty under section 7 in respect of that period, or