The Register of Overseas Entities (Verification and Provision of Information) Regulations 2022

Modification of section 20 of the ECTEA U.K.

11.  Section 20 of the ECTEA (annotation of the register) applies in respect of section 42(1)(c) information as if—

(a) for the heading there were substituted “Annotation of section 42(1)(c) information”;

(b) in subsection (1)—

(i) for the words before paragraph (a) there were substituted—

“The registrar may place a note on a document containing section 42(1)(c) information recording”;

(ii) for paragraph (a), there were substituted—

“(a) the date on which a document containing section 42(1)(c) information is delivered to the registrar or otherwise in connection with the information”;

(c) subsections (2) and (6) were omitted;

(d) in subsection (5), for the words before paragraph (a) there were substituted—

“The exercise of the registrar’s power under subsection (1) with respect to annotation of section 42(1)(c) information is subject to the court’s power under section 31 (power of court on ordering removal of material) to direct”.

(e) after subsection (5) there were inserted—

“(5A) In this section and sections 28 and 30, “section 42(1)(c) information” is information delivered to the registrar under section 42(1)(c) of this Act (requirement for certain unregistered overseas entities to provide information).”.

Commencement Information

I1 Reg. 11 comes into force in accordance with reg. 1(1)