58. Insertion of sections 724A and 724B in Principal Act
The Principal Act is amended by the insertion of the following sections before section 725:
"724A. Interpretation (Part 12)
In this Part, ‘RBO Regulations’ means the European Union (Anti-Money Laundering: Beneficial Ownership of Corporate Entities) Regulations 2019 (S.I. No. 110 of 2019).
724B.Disclosure of Information by Registrar of Beneficial Ownership
For the purposes of this Part, the Registrar of Beneficial Ownership may give a notice in writing to the Registrar stating that the company has failed to deliver the information required by paragraph (1) or (2) of Regulation 20 of the RBO Regulations.".