Moved by
Lord Naseby
76: After Clause 41, insert the following new Clause—
“Registration of companies: anti-money laundering checks
(1) The Registrar of Companies must not register a company unless he or she is satisfied that appropriate anti-money laundering checks have taken place.
(2) The Companies Act 2006 is amended as follows—
(a) in section 9, after subsection (5), insert—
“(5ZA) The application must provide satisfactory evidence that anti-money laundering checks have taken place.”
(b) after section 13 insert—
“13A” Satisfactory evidence of anti-money laundering checks
(1) The Registrar is entitled to accept the anti-money laundering registration number of the United Kingdom body that has submitted the application as satisfactory evidence under section 9(5ZA), provided he or she believes that number to be valid.
(2) The Secretary of State may by regulations made by statutory instrument specify any other evidence that the Registrar may accept under section 9(5ZA).
(3) A statutory instrument containing regulations under this section is subject to annulment in pursuance of a resolution of either House of Parliament.””