PART 1 U.K. Registration of overseas entities

Introduction U.K.

1 Overview U.K.

This Part—

(a) sets up a register of overseas entities, which will include information about their beneficial owners (sections 3 to 32), and

(b) makes provision that, broadly speaking, is designed to compel overseas entities to register if they own land (sections 33 and 34).

Commencement Information

I1 S. 1 not in force at Royal Assent, see s. 69

I2 S. 1 in force at 1.8.2022 for specified purposes by S.I. 2022/876, reg. 3(a)

I3 S. 1 in force at 12.10.2022 in so far as not already in force by S.I. 2022/1039, reg. 2(a)

2 Definition of “overseas entity” etc U.K.

(1) In this Part “overseas entity” means a legal entity that is governed by the law of a country or territory outside the United Kingdom.

(2) In this Part “legal entity” means a body corporate, partnership or other entity that (in each case) is a legal person under the law by which it is governed.

Commencement Information

I4 S. 2 not in force at Royal Assent, see s. 69

I5 S. 2 in force at 1.8.2022 for specified purposes by S.I. 2022/876, reg. 3(a)

I6 S. 2 in force at 12.10.2022 in so far as not already in force by S.I. 2022/1039, reg. 2(a)