- Draft legislation
The Registrar (Identity Verification and Authorised Corporate Service Providers) Regulations 2024
You are here:
What Version
Opening Options
More Resources
Draft Legislation:
This is a draft item of legislation and has not yet been made as a UK Statutory Instrument.
Cessation of ACSP status
This section has no associated Explanatory Memorandum
18.—(1) A person ceases to be an ACSP when the registrar gives the person a notice informing them they no longer have that status (a “notice of cessation”).
(2) A notice of cessation must state—
(a)the person’s name;
(b)the date on which the person ceased to be an ACSP, and
(c)that the unique identifier allocated to the person is discontinued as of that date.
(3) The registrar may give a notice of cessation upon written request by a person who wishes to cease to be an ACSP.
(4) The registrar may give a notice of cessation under this paragraph if the registrar has reasonable cause to believe that a person is not a fit and proper person to carry out the functions of an ACSP.
(5) A person may object to the giving by the registrar of a notice of cessation to them under paragraph (4) by giving a written notice to the registrar within the period mentioned in regulation 17(3)(a) (or such period as extended in accordance with regulation 17(4)) which states—
(a)the name of the person making the objection;
(b)the person’s address;
(c)the person’s email address, and
(d)the reasons for the objection.
(6) In deciding whether to give a notice of cessation to a person under paragraph (4), the registrar must take into account any objection made in accordance with paragraph (5).
(7) The registrar may not give a notice of cessation under paragraph (4) until a notice of suspension has been given under regulation 17 and the period mentioned in regulation 17(3)(a), or that period as extended by notice under regulation 17(4), has expired.
(8) Upon the giving of a notice of cessation, the registrar must—
(a)publish notice of the person having ceased to be an ACSP, and
(b)notify the person’s supervisory authority.
(9) In paragraph (5)(a), in the case of an ACSP which is a firm, “name” means firm name.
Options/Help
Print Options
PrintThe Whole Instrument
PrintThe Whole Part
PrintThe Whole Chapter
PrintThis Section only
Legislation is available in different versions:
Latest Available (revised):The latest available updated version of the legislation incorporating changes made by subsequent legislation and applied by our editorial team. Changes we have not yet applied to the text, can be found in the ‘Changes to Legislation’ area.
Original (As Enacted or Made): The original version of the legislation as it stood when it was enacted or made. No changes have been applied to the text.
Opening Options
Different options to open legislation in order to view more content on screen at once
Draft Explanatory Memorandum
Draft Explanatory Memorandum sets out a brief statement of the purpose of a Draft Statutory Instrument and provides information about its policy objective and policy implications. They aim to make the Draft Statutory Instrument accessible to readers who are not legally qualified and accompany any Statutory Instrument or Draft Statutory Instrument laid before Parliament from June 2004 onwards.
More Resources
Access essential accompanying documents and information for this legislation item from this tab. Dependent on the legislation item being viewed this may include:
- the original print PDF of the as enacted version that was used for the print copy
- lists of changes made by and/or affecting this legislation item
- confers power and blanket amendment details
- all formats of all associated documents
- correction slips
- links to related legislation and further information resources
Impact Assessments
Impact Assessments generally accompany all UK Government interventions of a regulatory nature that affect the private sector, civil society organisations and public services. They apply regardless of whether the regulation originates from a domestic or international source and can accompany primary (Acts etc) and secondary legislation (SIs). An Impact Assessment allows those with an interest in the policy area to understand:
- Why the government is proposing to intervene;
- The main options the government is considering, and which one is preferred;
- How and to what extent new policies may impact on them; and,
- The estimated costs and benefits of proposed measures.
More Resources
Use this menu to access essential accompanying documents and information for this legislation item. Dependent on the legislation item being viewed this may include:
- the original print PDF of the as draft version that was used for the print copy
- correction slips
Click 'View More' or select 'More Resources' tab for additional information including:
- lists of changes made by and/or affecting this legislation item
- confers power and blanket amendment details
- all formats of all associated documents
- links to related legislation and further information resources
All content is available under the Open Government Licence v3.0 except where otherwise stated. This site additionally contains content derived from EUR-Lex, reused under the terms of the Commission Decision 2011/833/EU on the reuse of documents from the EU institutions. For more information see the EUR-Lex public statement on re-use.