64 Identity verification of persons with significant control
Economic Crime and Corporate Transparency Act 2023 (2023 c 56) | Legislation

Identity verification

64  Identity verification of persons with significant control

(1)     The Companies Act 2006 is amended as follows.

(2)     In section 790J (power to make exemptions), in subsection (2)(e), after “790LH” (inserted by Schedule 2 to this Act) insert “and 790LM to 790LS”.

(3)     After section 790LL (inserted by Schedule 2 to this Act) insert—

“Identity verification obligations for persons with significant control
790LM Initial identity verification: registrable persons

(1)     This section applies in the following cases.

Case 1 is where—

(a)     a company is incorporated in pursuance of an application for registration containing a statement under section 12A(1)(a) naming a person as someone who will, on the company's incorporation, become a registrable person (“the registrable person”),

(b)     the application does not include a statement under section 12B(2) in respect of the registrable person or it appears to the registrar that the statement is false, and

(c)     the company has not given a notice under section 790LG(1) in respect of the person.

Case 2 is where—

(a)     the registrar is notified under section 790LF that a person has become a registrable person in relation to a company (“the registrable person”), and

(b)     the notice does not include

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