A material discrepancy in this Schedule may arise, as the case may be, in relation to information about a beneficial owner within the meaning of regulation 3 of these Regulations (including about a person of significant control within the meaning of Part 21A of the Companies Act 2006 [Part 21A of the Companies Act 2006 (c. 46) was inserted by section 81 of, and paragraph 1 of Part 2 of Schedule 3 to, the Small Business, Enterprise and Employment Act 2015 (c. 26). It has been amended by S.I. 2016/136, 2017/693, 2017/694 and 2019/348.]) and in relation to information about a registrable beneficial owner within the meaning of Part 3 of Schedule 1 to the Economic Crime (Transparency and Enforcement) Act 2022.
1. A material discrepancy in this Schedule is one which satisfies the condition in paragraph 2, including one which is in a form listed in paragraph 3.
2. The condition in this paragraph is that the discrepancy, by its nature, and having regard to all the circumstances,
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