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Companies House, land registries and law societies give evidence

7 March 2019

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The Joint Select Committee on the Draft Registration of Overseas Entities Bill hears evidence to consider the practical consequences of the draft Bill.

Witnesses

Monday, 11 March, Committee Room 4, Palace of Westminster

At 4.30pm

  • Martin Swain – Director of Policy, Strategy and Planning, Companies House
  • Jennifer Henderson – Keeper of the Registers, Registers of Scotland
  • Jonathan McCoy – Deputy Registrar, Land Registers of Northern Ireland
  • Chris Pope OBE – Chief Operations Officer, HM Land Registry

At 5.15pm

  • Valerie Holmes – Chair, Society of Licensed Conveyancers
  • John Sinclair – Member, Property Law Committee and Property and Land Law Reform Sub-Committee, The Law Society of Scotland
  • A representative from The Law Society of England and Wales

Possible questions

  • Is the drafting of this Bill sufficiently user-friendly for parties to property transactions and those who advise them?
  • Your members will have to advise overseas purchasers of UK land about the obligations under this Bill. Are the provisions sufficiently clear?
  • Will it be obvious to conveyancers acting for purchasers whether an overseas vendor is a legal person under foreign law?
  • What impact will the Bill have on conveyancing? Will purchasers need to undertake additional checks?
  • Do you see any loopholes within the draft Bill that would allow overseas entities to avoid declaring their beneficial ownership information?

Further information  

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