Section 790LF | Duty to notify registrar when person ceases to have significant control ^F1F2

(1)A company must give a notice to the registrar if it—

(a)has had confirmation that a person has ceased to be a registrable person or a registrable relevant legal entity in relation to it, and

(b)has had confirmation of the date on which the person so ceased.

(2)A notice under subsection (1) must state—^F3

(a)the person’s name,^F3

(b)the date on which the person ceased to be a registrable person or a registrable relevant legal entity in relation to the company, and^F3

(c)the date on which the company had confirmation as mentioned in subsection (1).^F3

(3)A notice under subsection (1) must be given within the period of 14 days beginning with the day on which the company had confirmation as mentioned in that subsection.

(4)In this section “name” means, in relation to an individual, their forename and surname.^F4