159Registration of information about trustsU.K.
(1)Paragraph 8 of Schedule 1 to the Economic Crime (Transparency and Enforcement) Act 2022 (required information) is amended as follows.
(2)In sub-paragraph (1), for paragraphs (d) to (f) substitute—
“(d)the specified details of each beneficiary under the trust;
(e)the specified details of each settlor or grantor and, in relation to any settlor or grantor that is a legal entity, the specified details of any person who at the time at which the trust is settled—
(i)is a registrable beneficial owner in relation to that entity (if it is overseas entity), or
(ii)would be a registrable beneficial owner in relation to the entity if that entity were an overseas entity;
(f)the specified details of any interested person under the trust and the date on which they became an interested person.”
(3)After sub-paragraph (1) insert—
“(1A)In sub-paragraph (1)(d) to (f) “the specified details”—
(a)in relation to a person who is an individual, means—
(i)name, date of birth and nationality;
(ii)usual residential address;
(iii)a service address;
(b)in relation to a person that is a legal entity, means—
(i)name;
(ii)principal office;
(iii)a service address;
(iv)the legal form of the entity and the law by which it is governed;
(v)any public register in which it is entered and, if applicable, its registration number in that register.”
(4)In sub-paragraph (2), for “sub-paragraph (1)(c)” substitute “sub-paragraphs (1)(c) and (1A)(a)”.
Commencement Information
I1S. 159 in force at Royal Assent for specified purposes, see s. 219(1)(2)(b)