The Register of Overseas Entities (Delivery, Protection and Trust Services) Regulations 2022

PART 1 U.K. Introductory

Citation, commencement and extent U.K.

1.—(1) These Regulations may be cited as the Register of Overseas Entities (Delivery, Protection and Trust Services) Regulations 2022 and come into force on the day section 3 of the ECTEA comes into force.

(2) These Regulations extend to England and Wales, Scotland and Northern Ireland.

Commencement Information

I1 Reg. 1 in force at 12.10.2022 in accordance with reg. 1(1)

Interpretation U.K.

2.  In these Regulations—

“the ECTEA” means the Economic Crime (Transparency and Enforcement) Act 2022;

“former name” means a name by which an individual was formerly known for business purposes;

“managing officer”, in respect of an overseas entity, has the meaning given in section 44(1) of the ECTEA;

“name” means a person’s first name (or other forename) and surname, except in the case of—

(a)

a peer; or

(b)

an individual usually known by a title,

the title may be stated instead of that person’s first name (or other forename) and surname or in addition to either or both of them;

“overseas entity” has the meaning given in section 2 of the ECTEA;

“overseas entity ID” means an overseas entity ID allocated in accordance with section 5 of the ECTEA;

“protected information”, in relation to a relevant individual, means—

(a)

the name, any former name, date of birth and nationality of the relevant individual;

(b)

the usual residential address of the relevant individual;

(c)

a service address of the applicant;

(d)

the e-mail address of the applicant, if any;

(e)

the fact that the relevant individual is, or used to be, a relevant individual in respect of the overseas entity;

(f)

[F1 for an application made under regulation 7(1) on the ground in regulation 7(3)(b), the relevant individual’s usual residential address only;]

“registrable beneficial owner”, in relation to an overseas entity, has the meaning given in Schedule 2 to the ECTEA;

“the registrar” means the registrar of companies for England and Wales;

“relevant individual” has the meaning given in section 25(2) of the ECTEA;

“specified public authority” means a public authority specified in Schedule 1.

Textual Amendments

F1 Words in reg. 2 inserted (1.6.2023) by The Register of Overseas Entities (Definition of Foreign Limited Partner, Protection and Rectification) Regulations 2023 (S.I. 2023/534), regs. 1(1), 7(2)

Commencement Information

I2 Reg. 2 in force at 12.10.2022 in accordance with reg. 1(1)