46.—(1) This regulation applies where—
(a)an individual is a registrable person on 6th April 2016 (a “protectable person”);
(b)an application under regulation 36 or 37 is made in relation to the protectable person’s secured information on or before 30th June 2016; and
(c)the registrar makes a determination that the application is unsuccessful.
(2) Subject to paragraph (4)—
(a)for the protected period, the registrar must not use or disclose that secured information and must omit that secured information from the material on the register that is available for public inspection; and
(b)where, before the expiry of the protected period, the protectable person ceases to be a registrable person in relation to the company to which the application relates and notifies the registrar in writing of that fact, after the expiry of the protected period the registrar must not use or disclose the secured information and must omit that secured information from the material on the register that is available for public inspection.
(3) A protectable person who sends a notice to the registrar under paragraph (2)(b) must—
(a)include in the notice the date on which that protectable person ceased to be a registrable person in relation to the company; and
(b)send a copy of the notice to the company.
(4) The registrar may use or disclose the secured information for communicating with the protectable person and, where the application was made under regulation 37, the company which made the application.
(5) Where the registrar has not received a notice under paragraph 2(b) before the expiry of the protected period, the registrar must, as soon as reasonably practicable after the expiry of that period—
(a)make the secured information on the register available for public inspection; and
(b)notify the protectable person and the company to which the application under regulation 36 or 37 related of that action.
(6) For the purposes of this regulation—
(a)an application under regulation 36 or 37 is made when it is registered by the registrar; and
(b)“protected period” means—
(i)where an appeal under regulation 41 has not been brought, 12 weeks beginning with the date of the notice sent under regulation 36(5) or 37(5);
(ii)where an appeal under regulation 41 has been brought and dismissed, 12 weeks beginning with the date the court dismissed the appeal in accordance with regulation 41(5); or
(iii)where an appeal under regulation 41 has been brought and subsequently withdrawn or abandoned, 12 weeks beginning with the date of the registrar becoming aware that such appeal has been withdrawn or abandoned.