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Proceeding contribution from Lord Callanan (Conservative) in the House of Lords on Monday, 14 March 2022. It occurred during Committee of the Whole House (HL) and Debate on bill on Economic Crime (Transparency and Enforcement) Bill.

Economic Crime (Transparency and Enforcement) Bill

Moved by

Lord Callanan

33: Clause 9, page 7, line 23, leave out sub-paragraph (i) and insert—

“(i) is entered, on or after 8 December 2014, as proprietor in the proprietorship section of the title sheet for a plot of land that is registered in the Land Register of Scotland,”

Member’s explanatory statement

This amendment expands the scope of circumstances where an overseas entity is registered as the proprietor of a relevant interest in land for the purpose of Clause 9 (to include, for example, Keeper-induced registration) by removing the requirement for there to have been an application for registration.

Secondary information

Type
Proceeding contribution
Reference
820 c64 
Session
2021-22
Chamber / Committee
House of Lords chamber
Subjects
Disclosure of information Armed conflict Civil proceedings Corruption Devolution Land Foreign companies Ownership Ministerial powers Proceeds of crime Property Money laundering Recovery of costs Registration Transitional arrangements Trusts Sanctions Russia Ukraine Companies House Impact assessments Sunset clauses Economic crime
Legislation
Economic Crime (Transparency and Enforcement) Bill 2021-22
Link
View this Proceeding contribution on hansard.parliament.uk