(1) For the purposes of this Act an individual's "identity is verified" if -
(a) the individual's identity has been verified by the registrar in accordance with regulations under section 1110B, or
(b) a verification statement in respect of the individual has been delivered to the registrar, and the individual has not, since then, ceased to be an individual whose identity is verified by virtue of regulations under subsection (6).
(2) A verification statement is a statement by an authorised corporate service provider confirming that it has verified an individual's identity in accordance with regulations under section 1110B.
(3) A verification statement must also specify the authorised corporate service provider's supervisory authority or authorities for the purposes of the Money Laundering Regulations.
(4) The Secretary of State may by regulations make further provision about the contents of verification statements (including provision amending this section).
(5) Where a person is requir
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