These Rules make necessary amendments to the Land Registration Rules 2003 (S.I. 2003/1417) (‘the 2003 Rules’) to implement the new requirements for applications to register an overseas entity as proprietor of an estate in land or where an application includes some types of disposition made by an overseas entity. The new requirements are set out in Schedule 4A to the Land Registration Act 2002, which was introduced by Schedule 3 to the Economic Crime (Transparency and Enforcement) Act 2022 (c.10). The requirements are that either the overseas entity is registered in the register of overseas entities (kept by Companies House) or an exemption or exception applies.
SCHEDULE 1Amendment of forms specified in Schedule 1 to the 2003 Rules
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In form TR5, for panels 4 and 5 and the related explanatory information substitute—