F1PART 21AInformation about people with significant control

CHAPTER 1Introduction

790A Overview

This Part is arranged as follows—

(a)

the remaining provisions of this Chapter identify the companies to which this Part applies and explain some key terms, including what it means to have “significant control” over a company,

(b)

Chapter 2 imposes duties on companies to gather information, and on others to supply information, to enable companies to keep the register required by Chapter 3,

(c)

Chapter 3 requires companies to keep a register, referred to as a register of people with significant control over the company, and to make the register available to the public,

(d)

Chapter 4 gives private companies the option of using an alternative method of record-keeping, and

(e)

Chapter 5 makes provision for excluding certain material from the information available to the public.