Companies Act · s 310C

Suggest a correction

Tell us what is wrong in this text. We check every suggestion against the official version before we change anything.

What is wrong?Wrong or mistyped wordsWrong structure or numberingWrong title or detailsText that appears twice

What should change, and whyUp to 2,000 characters.The text as it should read (optional)Edit the text above. Up to 20,000 characters.Where you checked it (optional)A link to the official version, if you have one.

The text as we hold it

Open the official text

s 310CMeaning of "registrable" [S 37/2020]

For the purposes of this Part, in relation to a company (X), or a foreign company (Y), a controller (A) is registrable unless -

(a)

A's significant interest in or significant control over X is only through one or more controllers (B) of X;

Companies

CAP. 39 227

(b)

A is a controller of B (or each B if more than one); and

(c)

B (or each B if more than one) is either -

(i)

a company, or foreign company to which this Part applies, that is required to keep a register of controllers under section 3 1 OF;

(ii)

a company that is set out in Schedule 15;

(iii)

a foreign company that is set out in Schedule 16;

(iv)

a corporation which shares are listed for quotation on a securities exchange.

State of mind of corporation, unincorporated association etc. [S 37/2020]