The Register of People with Significant Control Regulations 2016

PART 1 U.K. GENERAL INTRODUCTORY PROVISIONS

Citation and commencement U.K.

1.—(1) These Regulations may be cited as the Register of People with Significant Control Regulations 2016.

(2) These Regulations come into force on 6th April 2016 other than paragraph 6 of Schedule 5, which comes into force on 30th June 2016.

Interpretation U.K.

2.  In these Regulations—

“the Act” means the Companies Act 2006;

“the 2009 Regulations” means the Companies (Disclosure of Address) Regulations 2009 M1 ;

“the 2016 Regulations” means the Limited Liability Partnerships (Register of People with Significant Control) Regulations 2016 M2 ;

[F1 “credit institution” has the same meaning as in regulation 10(1) of the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017;]

[F1 “financial institution” has the same meaning as in regulation 10(2) of the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017;]

“former name” means a name by which an individual was formerly known for business purposes;

“limited liability partnership” means a limited liability partnership incorporated under the Limited Liability Partnerships Act 2000 M3 ;

“name” means a person's forename and surname, except that in the case of—

(a)

a peer; or

(b)

an individual usually known by a title,

the title may be stated instead of that person's forename and surname or in addition to either or both of them;

“personal representative” means the executor or administrator for the time being of a deceased person;

“relevant body” means—

(a)

a police force within the meaning of section 101(1) of the Police Act 1996 M4 ;

(b)

the Police Service of Northern Ireland; and

(c)

the Police Service of Scotland;

“section 243 decision” means a determination under the 2009 Regulations which is a section 243 decision within the meaning of those Regulations;

“secured information” means the required particulars M5 (other than the particular required by section 790K(1)(i) of the Act) of a registrable person in relation to a company M6 ;

“specified public authorities” has the meaning given in regulation 22(1);

“voting rights” means rights to vote at general meetings of the company or legal entity in question, including rights that arise only in certain circumstances, and in relation to a legal entity that does not have general meetings at which matters are decided by the exercise of voting rights, a reference to voting rights is to be read as a reference to rights in relation to the entity that are equivalent to those of a person entitled to exercise voting rights in a company;

“voting shares” means shares carrying voting rights; and

“withdrawal notice” has the meaning given in regulation 21.

Textual Amendments

F1 Words in reg. 2 inserted (26.6.2017) by The Information about People with Significant Control (Amendment) Regulations 2017 (S.I. 2017/693), regs. 2, 12 (with Sch. Pt. 1)

Modifications etc. (not altering text)

C1 Reg. 2 applied (with modifications) (E.W.S.) (6.4.2016) by The Limited Liability Partnerships (Register of People with Significant Control) Regulations 2016 (S.I. 2016/340), regs. 1(3), 4, Sch. 2 para. 1 (as amended (26.6.2017) by The Information about People with Significant Control (Amendment) Regulations 2017 (S.I. 2017/693), regs. 2, 29 (with Sch. Pt. 2))

Marginal Citations

M1 S.I. 2009/214; relevant amending instruments are S.I. 2009/1941, 2009/2400, 2009/2437, 2010/2156, 2011/1043, 2011/2085, 2012/700, 2013/472, 2013/1682, 2014/469, 2014/549, 2014/631 and 2015/842.

M2 S.I. 2016/340.

M3 2000 c.12.

M4 1996 c.16; section 101(1) was amended by section 96(2) of the Police Reform and Social Responsibility Act 2011 (c.13).

M5 See section 790K of the Act for the meaning of “required particulars”.

M6 See section 1 of the Act for the meaning of “company”.