Section 790E | Company’s duty to find out about changes in PSC information ^F1F2

(1)This section applies if a company—

(a)knows or has cause to believe that there has been a change in the required particulars of a registrable person or a registrable relevant legal entity in relation to the company (see section 790K), but

(b)has not had confirmation that the change has occurred or has not had confirmation of all of the information that the company would need to include in a notice of the change under section 790LD(1) or 790LE(1).

(2)The company must give the person a notice requiring the person—

(a)to inform the company whether the change has occurred, and

(b)if it has, to give the company the information that the company would need to include in a notice of the change under section 790LD(1) or 790LE(1).

(3)The notice must require the person to whom it is given to comply with the notice by no later than the end of the period of one month beginning with the day on which it is given.

(4)The company must give the notice—

(a)as soon as reasonably practicable after the company becomes subject to the duty to give a notice under subsection (2), and

(b)in any event before the end of the period of 14 days beginning with the day on which the company becomes so subject.

(5)The Secretary of State may by regulations make further provision about the giving of notices under this section, including provision about their form and content and the manner in which they must be given.

(6)Regulations under subsection (5) are subject to negative resolution procedure.