Schedules Schedule 2 – Abolition of certain local registers Part 3 – Register of people with significant control 790LBA Duty to notify registrar of unconfirmed persons with significant control
This section states that a company must inform the Registrar if it knows or has cause to believe that a person has become a PSC, but it has not yet had confirmation as per new section s790LA. The notice must state that fact.
	The company must do this by way of notice within 14 days starting with the day the company first knows or has cause to believe a person has become a PSC.
	A company does not need to give notice in relation to a person listed in the statement of initial significant control under section 12A.
	This ensures the Registrar is notified where there is an unconfirmed PSC, but the person’s particulars do not appear publicly until they have been confirmed. This caters for the scenarios currently catered for by regulations 11 and 12 of the 2016 PSC regulations (SI 2016/339).