Economic Crime and Corporate Transparency Act 2023
Write the words of this act the way you think they should read. Solon shows your change as a redline against the published text and pins it to that exact text, so it can never be applied to wording you did not see.
Change 1
4 Proposed officers: identity verification
(1) Section 12 of the Companies Act 2006 (statement of proposed officers) is amended as follows. (2) After subsection (2) insert— (2A) The statement must, in the case of each individual named as a director, confirm that the individual’s identity is verified (see section 1110A). (3) The provision that may be made under section 220(1) in connection with the coming into force of this section includes— (a) provision requiring a company incorporated in pursuance of an application delivered before the coming into force of this section to deliver to the registrar, at the same time as a confirmation statement, a statement, in respect of any individual who became a director of the company on its incorporation, confirming that the individual’s identity is verified (within the meaning of section 1110A of the Companies Act 2006), and (b) provision for section 853A(1)(b)(i) of the Companies Act 2006 (as substituted by section 59 of this Act) to have effect as if it included a reference to any duty imposed by virtue of paragraph (a). (4) In subsection (3)— “confirmation statement” has the meaning given by section 853A of the Companies Act 2006; “the registrar” has the same meaning as in the Companies Acts (see section 1060 of the Companies Act 2006).
4 Proposed officers: identity verification
(1) Section 12 of the Companies Act 2006 (statement of proposed officers) is amended as follows. (2) After subsection (2) insert— (2A) The statement must, in the case of each individual named as a director, confirm that the individual’s identity is verified (see section 1110A). (3) The provision that may be made under section 220(1) in connection with the coming into force of this section includes— (a) provision requiring a company incorporated in pursuance of an application delivered before the coming into force of this section to deliver to the registrar, at the same time as a confirmation statement, a statement, in respect of any individual who became a director of the company on its incorporation, confirming that the individual’s identity is verified (within the meaning of section 1110A of the Companies Act 2006), and (b) provision for section 853A(1)(b)(i) of the Companies Act 2006 (as substituted by section 59 of this Act) to have effect as if it included a reference to any duty imposed by virtue of paragraph (a). (4) In subsection (3)— “confirmation statement” has the meaning given by section 853A of the Companies Act 2006; “the registrar” has the same meaning as in the Companies Acts (see section 1060 of the Companies Act 2006).
One line that says what changes, such as "Halve the dog tax".
Who it helps, what it costs, what it fixes. It is what persuades people to support it.
A proposal here is not law. Support on Solon is evidence that people want the change; the official route says what it takes to make it law.
Sign in to file your proposal. What you have written stays on this page.
Sign in to file itThink it through
Ask what your change would do, who would gain and who would bear a cost, and where something like it is already law. The assistant reads your draft as it stands, cites the law and the studies it finds, and takes no side. What you file stays yours.