Section 1051 | Trading disclosures

(1)The Secretary of State may by regulations make provision requiring overseas companies carrying on business in the United Kingdom—

(a)to display specified information in specified locations,

(b)to state specified information in specified descriptions of document or communication, and

(c)to provide specified information on request to those they deal with in the course of their business.

(2)The regulations—

(a)shall in every case require a company that has registered particulars under section 1046 to disclose the name registered by it under section 1047, and

(b)may make provision as to the manner in which any specified information is to be displayed, stated or provided.

(3)The regulations may make provision corresponding to that made by—

section 83 (civil consequences of failure to make required disclosure), and

section 84 (criminal consequences of failure to make required disclosure).

(4)In this section “specified” means specified in the regulations.

(5)Regulations under this section are subject to affirmative resolution procedure.