As a result of enactment of Beneficial Ownership and Control Regulations, the following regulations would be amended by insertion of the new sections as follows: Companies Regulations new section 9A will be added (Statement of – initial beneficial ownership and control); Limited Liability Partnership Regulations new sub-section to be – inserted 2(2)(ca) in relation to a statement of initial beneficial ownership. Further, section 2(4) new provisions in relation to requirement of initial beneficial ownership and control must be added; Foundations Regulations new section 9A (Statement of initial beneficial – ownership and control) will be added; and Commercial Licensing Regulations new section 16(3A) will be added. – ANNEX A: PROPOSED BENEFICIAL OWNERSHIP AND CONTROL REGULATIONS ANNEX B: PROPOSED COMPANIES REGULATIONS (AMENDMENT No. 3) REGULATIONS 2018 ANNEX C: PROPOSED LIMITED LIABILITY PARTNERSHIPS (AMENDMENT NO. 1) REGULATIONS 2018
As a result of enactment of Beneficial Ownership and Control Regulations, the following regulations would be amended by insertion of the new sections as follows: Companies Regulations – new section 9A will be added (Statement of initial beneficial ownership and control); Limited Liability Partnership Regulations – new sub-section to be inserted 2(2)(ca) in relation to a statement of initial beneficial ownership. Further, section 2(4) new provisions in relation to requirement of initial beneficial ownership and control must be added; Foundations Regulations – new section 9A (Statement of initial beneficial ownership and control) will be added; and Commercial Licensing Regulations – new section 16(3A) will be added. ANNEX A: PROPOSED BENEFICIAL OWNERSHIP AND CONTROL REGULATIONS ANNEX B: PROPOSED COMPANIES REGULATIONS (AMENDMENT No. 3) REGULATIONS 2018 ANNEX C: PROPOSED LIMITED LIABILITY PARTNERSHIPS (AMENDMENT NO. 1) REGULATIONS 2018
Consultation_Paper_for_Beneficial_Ownership_and_Control_Regulations.docx