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PART 3U.K.Protection of information

Withdrawal of an application made under regulation 7U.K.

9.—(1) The registrar is not required to determine an application which has not yet been determined under regulation 7(7) where—

(a)the applicant, or

(b)where not the applicant, a relevant individual in respect of whom the application has been made,

notifies the registrar in writing that they no longer wish the registrar to determine the application.

(2) An overseas entity may only notify the registrar under paragraph (1) where the relevant individual has given consent for the overseas entity to make the notification on their behalf.

(3) Where a relevant individual in respect of whom an application under regulation 7 has been made sends a notification to the registrar under paragraph (1), that relevant individual must notify the overseas entity in respect of which that relevant individual is or used to be a registrable beneficial owner or a managing officer as soon as reasonably practicable.

(4) Where the registrar receives a notification under paragraph (1), the registrar must send a confirmation of receipt of that notification to the person who notified the registrar and must include in that confirmation a statement that—

(a)the application will not be determined; and

(b)information relating to the relevant individual will be available for public inspection and can be disclosed by the registrar.

Commencement Information

I1Reg. 9 in force at 12.10.2022 in accordance with reg. 1(1)