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EnactedRoyal Assent

Economic Crime and Corporate Transparency Act 2023

Bill 3339Commons originatingintroduced 22 Sept 2022

Bill texts 13

  • Bill 154 2022-23 (as introduced)Bill · 22 Sept 2022download soon
  • Bill 154 2022-23 (as introduced) - large printBill · 22 Sept 2022download soon
  • Bill 205 2022-23 (as amended in Public Bill Committee) - large printBill · 30 Nov 2022download soon
  • Bill 205 2022-23 (as amended in Public Bill Committee)Bill · 30 Nov 2022download soon
  • HL Bill 96 (as brought from the Commons)Bill · 27 Jan 2023 · 1 file · 2.3 MBdownload soon
  • HL Bill 138 (as amended in Grand Committee)Bill · 11 May 2023 · 1 file · 1.5 MBdownload soon
  • HL Bill 156 (as amended on Report)Bill · 27 Jun 2023 · 1 file · 2.6 MBdownload soon
  • Bill 346 2022-23 (Lords Amendments to the Bill)Bill · 11 Jul 2023download soon
  • HL Bill 166 Commons Amendments to Lords Amendments, Commons Disagreements, Commons Amendments in Lieu and Commons ReasonsBill · 05 Sept 2023 · 1 file · 186 KBdownload soon
  • Bill 363 2022-23 (Lords Disagreement, Amendments in Lieu and Non-Insistence)Bill · 12 Sept 2023download soon
  • HL Bill 172 Commons Reasons and InsistenceBill · 14 Sept 2023 · 1 file · 121 KBdownload soon
  • Bill 370 2022-23 (Lords insistence, non-insistence and amendments in lieu)Bill · 19 Oct 2023download soon
  • HL Bill 178 Commons Insistence and DisagreementBill · 25 Oct 2023 · 1 file · 169 KBdownload soon

Amendments 60

Committee stage — Lords 20

NotMovedClause 1EditBillBody

after “accurate” insert “and self-consistent”

Moved: Lord Leigh of Hurley#94756
AgreedClause 7EditBillBody

after second “permission” insert “of a court”

Moved: Lord Johnson of Lainston#94828
AgreedClause 7EditBillBody

at end insert “, and if any of them would be so disqualified by virtue of section 11A of the Company Directors Disqualification Act 1986 or Article 15A of the Company Directors Disqualification (Northern Ireland) Order 2002 (designated persons under sanctions legislation) but for the authority of a licence of the kind mentioned in that section or Article, a statement to that effect, in respect of each of them, specifying—

Moved: Lord Johnson of Lainston#94829
AgreedClause 6EditBillBody

at end insert— Where any of the persons named as directors would be disqualified under the directors disqualification legislation by virtue of section 11A of the Company Directors Disqualification Act 1986 or Article 15A of the Company Directors Disqualification (Northern Ireland) Order 2002 (designated persons under sanctions legislation) but for the authority of a licence of the kind mentioned in that section or Article, the statement must also include a statement to that effect, in respect of each of them, specifying—

Moved: Lord Johnson of Lainston#94830
AgreedClause 6EditBillBody

after second “permission” insert “of a court”

Moved: Lord Johnson of Lainston#94831
AgreedClause 4AddClauseOrSchedule

Insert the following new Clause— “Information about subscribers

Moved: Lord Johnson of Lainston#94832
AgreedClause 4DeleteClauseOrSchedule

Lord Johnson of Lainston gives notice of his intention to oppose the Question that Clause 4 stand part of the Bill.

Moved: Lord Johnson of Lainston#94833
AgreedClause 2DeleteClauseOrSchedule

Lord Johnson of Lainston gives notice of his intention to oppose the Question that Clause 2 stand part of the Bill.

Moved: Lord Johnson of Lainston#94834
AgreedClause 1EditBillBody

at end insert— In Objective 2 the reference to “the register” includes any records kept by the registrar under any enactment.”

Moved: Lord Johnson of Lainston#94835
AgreedClause 1EditBillBody

leave out from “that” to end of line 3 and insert “information contained in the register is accurate and that the register contains everything it ought to contain.”

Moved: Lord Johnson of Lainston#94836
NotMovedClause 4AddClauseOrSchedule

In subsection (3), in inserted section 9A(2), after paragraph (b) insert— a statement by an officer of the body corporate whether they are subscribing on behalf of, or subject to, the direction of another person, and if they are—

Moved: Lord Vaux of Harrowden#94852
NotMovedClause 4AddClauseOrSchedule

In subsection (3), in inserted section 9A(1), after paragraph (b) insert— a statement by the individual as to whether they are subscribing on behalf of, or subject to, the direction of another person, and if the individual is—

Moved: Lord Vaux of Harrowden#94853
NotMovedClause 14EditBillBody

at end insert— The Secretary of State must publish the details of any direction issued under subsection (3A) on the registrar’s website.”

Moved: Lord CoakerSponsor: Lord Ponsonby of Shulbrede, Baroness Blake of Leeds#94881
NotMovedClause 14EditBillBody

after “days” and insert “and no more than 90 days”

Moved: Lord CoakerSponsor: Lord Ponsonby of Shulbrede, Baroness Blake of Leeds#94882
NotMovedClause 14EditBillBody

after “days” and insert “and no more than 90 days”

Moved: Lord CoakerSponsor: Lord Ponsonby of Shulbrede, Baroness Blake of Leeds#94883
NotMovedClause 14EditBillBody

after “days” and insert “and no more than 90 days”

Moved: Lord CoakerSponsor: Lord Ponsonby of Shulbrede, Baroness Blake of Leeds#94884
NotMovedClause 14EditBillBody

at end insert— The Secretary of State must publish the details of any direction issued under subsection (2B) on the registrar’s website.”

Moved: Lord CoakerSponsor: Lord Ponsonby of Shulbrede, Baroness Blake of Leeds#94885
WithdrawnClause 14EditBillBody

after “days” insert “and no more than 90 days”

Moved: Lord CoakerSponsor: Lord Ponsonby of Shulbrede, Baroness Blake of Leeds#94886
WithdrawnClause 2EditBillBody

at end insert— After subsection 1, insert—

Moved: Lord CoakerSponsor: Lord Ponsonby of Shulbrede, Baroness Blake of Leeds#94887
NotMovedClause 1EditBillBody

at end insert— “Objective 5

Moved: Lord CoakerSponsor: Lord Ponsonby of Shulbrede, Baroness Blake of Leeds#94888

Report stage — Lords 20

NotMovedClause 52AddClauseOrSchedule

Insert the following new Clause— “Disclosure of shares held by nominee

Moved: Lord Agnew of Oulton#95390
AgreedClause 63EditBillBody

leave out “under section 1110A(1)(b) or”

Moved: Lord Johnson of Lainston#95702
AgreedClause 46EditBillBody

at end insert— after subsection (8) insert—

Moved: Lord Johnson of Lainston#95703
AgreedClause 46EditBillBody

at end insert— Where any of the information required to be entered in a company’s register of members changes and, at the time of the change, it is a traded company, the company is not required to include or retain the old information in the register.

Moved: Lord Johnson of Lainston#95704
AgreedClause 46EditBillBody

leave out “that” and insert “the fact that the information has changed”

Moved: Lord Johnson of Lainston#95705
AgreedClause 46EditBillBody

after “changes” insert “and, at the time of the change, it is a non-traded company”

Moved: Lord Johnson of Lainston#95706
AgreedClause 38EditBillBody

at end insert— In Article 22 (register of disqualification orders and undertakings), in paragraph (3), after sub-paragraph (c) insert—

Moved: Lord Johnson of Lainston#95707
AgreedClause 38EditBillBody

at end insert— after paragraph (3) insert—

Moved: Lord Johnson of Lainston#95708
AgreedClause 38EditBillBody

leave out lines 36 to 46 and insert “where— the instructions are given by a person whom they know at that time to be subject to director disqualification sanctions (within the meaning of Article 15A),

Moved: Lord Johnson of Lainston#95709
AgreedClause 38EditBillBody

leave out “(see section 3A of that Act)” and insert “and section 11A of the Company Directors Disqualification Act 1986 (see section 3A of the Sanctions and Anti-Money Laundering Act 2018)”

Moved: Lord Johnson of Lainston#95710
AgreedClause 36EditBillBody

at end insert— after subsection (3) insert—

Moved: Lord Johnson of Lainston#95711
AgreedClause 36EditBillBody

leave out lines 4 to 15 and insert “where— the instructions are given by a person whom they know at that time to be subject to director disqualification sanctions (within the meaning of section 11A),

Moved: Lord Johnson of Lainston#95712
AgreedClause 36EditBillBody

leave out line 26 and insert “and Article 15A of the Company Directors Disqualification (Northern Ireland) Order 2002 (see section 3A of the Sanctions and Anti-Money Laundering Act 2018)”

Moved: Lord Johnson of Lainston#95713
AgreedClause 30EditBillBody

leave out from second “the” to end of line 9 and insert “meaning given by section 1060(3) of the Companies Act 2006.”

Moved: Lord Johnson of Lainston#95714
AgreedClause 4EditBillBody

leave out “206(7)” and insert “207(1)”

Moved: Lord Johnson of Lainston#95715
AgreedClause 1EditBillBody

leave out lines 11 to 13 and insert— “Objective 4 is to prevent companies and others from—

Moved: Lord Johnson of Lainston#95716
AgreedClause 1EditBillBody

leave out from “to” to “a” on line 9 and insert “ensure that records kept by the registrar do not create”

Moved: Lord Johnson of Lainston#95717
AgreedClause 55AddClauseOrSchedule

Insert the following new Clause— “Use or disclosure of profit and loss accounts for certain companies

Moved: Lord Johnson of Lainston#95719
NotMovedClause 46EditBillBody

at end insert— “113BA Required information about members: shareholding threshold

Moved: Lord Vaux of Harrowden#95746
AgreedClause 46EditBillBody

at end insert— “113BA Required information about members: nominees

Moved: Lord Vaux of HarrowdenSponsor: Lord Fox#95747

3rd reading — Lords 20

AgreedClause 166EditBillBody

after “statement” insert “or other document”

Moved: Lord Johnson of Lainston#95847
AgreedClause 184EditBillBody

leave out “337ZL(5)” and insert “339ZL(5)”

Moved: Lord Sharpe of Epsom#95848
AgreedSchedule 2EditBillBody

at end insert— “790LBA Duty to notify registrar of unconfirmed persons with significant control

Moved: Lord Johnson of Lainston#95869
AgreedSchedule 2EditBillBody

leave out “(a)”

Moved: Lord Johnson of Lainston#95870
AgreedSchedule 2EditBillBody

leave out “(a)”

Moved: Lord Johnson of Lainston#95871
AgreedSchedule 2EditBillBody

leave out lines 6 to 27 and insert— “790LA Duty to notify registrar of confirmed persons with significant control

Moved: Lord Johnson of Lainston#95872
AgreedSchedule 2EditBillBody

at end insert “of persons with significant control”

Moved: Lord Johnson of Lainston#95873
AgreedSchedule 2EditBillBody

leave out paragraphs 10 to 13 and insert— For sections 790D and 790E substitute—

Moved: Lord Johnson of Lainston#95874
AgreedSchedule 2EditBillBody

at end insert— After section 790C insert—

Moved: Lord Johnson of Lainston#95875
AgreedSchedule 2EditBillBody

leave out paragraph 9 and insert— In section 790C (key terms), omit subsection (10).”

Moved: Lord Johnson of Lainston#95876
AgreedClause 166EditBillBody

leave out “(1) or (2)”

Moved: Lord Johnson of Lainston#95877
AgreedClause 160AddClauseOrSchedule

Insert the following new Clause— “Registrable beneficial owners: nominees

Moved: Lord Johnson of Lainston#95878
AgreedClause 136EditBillBody

leave out “(1) or (2)”

Moved: Lord Johnson of Lainston#95879
AgreedClause 136EditBillBody

after “statement” insert “or other document”

Moved: Lord Johnson of Lainston#95880
AgreedClause 68EditBillBody

leave out “(1) or (2)”

Moved: Lord Johnson of Lainston#95881
AgreedClause 68EditBillBody

after “statement” insert “or other document”

Moved: Lord Johnson of Lainston#95882
AgreedClause 63EditBillBody

leave out “790LA” and insert “790LCB”

Moved: Lord Johnson of Lainston#95883
AgreedClause 63EditBillBody

leave out “790LA” and insert “790LCB”

Moved: Lord Johnson of Lainston#95884
AgreedClause 63EditBillBody

leave out “790LD” and insert “790LDA”

Moved: Lord Johnson of Lainston#95885
AgreedClause 61AddClauseOrSchedule

Insert the following new Clause— “Duty to deliver information about exemption from Part 21A

Moved: Lord Johnson of Lainston#95886