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SCHEDULES

[F1SCHEDULE 4AE+WOverseas entities

Consent to registration of dispositions that cannot otherwise be registeredE+W

5(1)The Secretary of State may consent to the registration of a disposition that would otherwise be prohibited by a restriction entered under paragraph 3, or by paragraph 4, if satisfied—

(a)that at the time of the disposition the person to whom it was made did not know, and could not reasonably have been expected to know, of the prohibition, and

(b)that in all the circumstances it would be unjust for the disposition not to be registered.

(2)The Secretary of State may by regulations make provision in connection with applications for consent, and the giving of consent, under sub-paragraph (1).

(3)The regulations may, for example, make provision about—

(a)who may apply;

(b)evidence;

(c)time limits.]