SCHEDULES

C1C2F1 SCHEDULE 1B Enforcement of disclosure requirements

Annotations:
Amendments (Textual)
F1

Schs. 1A, 1B inserted (26.5.2015 for specified purposes, 6.4.2016 in so far as not already in force) by Small Business, Enterprise and Employment Act 2015 (c. 26), s. 164(1), Sch. 3 para. 2; S.I. 2015/1329, reg. 3(a); S.I. 2015/2029, reg. 4(a)

Modifications etc. (not altering text)
C2

Sch. 1B applied (with modifications) by S.I. 2009/2436, Sch. 1 para. 20B (as inserted (26.6.2017) by The Information about People with Significant Control (Amendment) Regulations 2017 (S.I. 2017/693), regs. 2, 36 (with Sch. Pt. 3))

Company's power to withdraw restrictions notice

C111

A company that issues a person with a restrictions notice under paragraph 1 must by notice withdraw the restrictions notice if—

a

it is satisfied that there is a valid reason sufficient to justify the person's failure to comply with the notice served under section 790D F2or 790EF2, 790DA, 790E or 790EA,

b

the notice served under section 790D F3or 790EF3, 790DA, 790E or 790EA is complied with, or

c

it discovers that the rights of a third party in respect of the relevant interest are being unfairly affected by the restrictions notice.