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On 9 February 2016, the Companies Act 2006 (Amendment of Part
21A) Regulations 2016 were published. The regulations amend section
790C of Part 21A to remove the unnecessary requirement to record
every company in a chain of companies on a company register of
people with significant control over the company. Instead, they
allow the registration of just the first company in the chain of
ownership which is subject to its non-beneficial ownership
disclosure requirements.
These regulations came into force on 8 February 2016 and can be
accessed here:
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
