British Virgin Islands Beneficial Ownership Act 2017

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British Virgin Islands Beneficial Ownership Act 2017

VIRGIN ISLANDS
BENEFICIAL OWNERSHIP SECURE SEARCH SYSTEM ACT, 2017
ARRANGEMENT OF SECTIONS
Section
1….Short title and commencement.
2….Interpretation.
3….Application.
4….Implementation of the Exchange of Notes.
5….Establishment of Beneficial Ownership Secure Search System.
6….Beneficial owners.
7….Exempt person.
8….Registrable legal entities.
9….Duty of registered agent to identify beneficial owners.
10…Duty to maintain RA database.
11…Retention period.
12…Duty to keep beneficial ownership information up to date.
13…Designated person to use Beneficial Ownership Secure Search System.
14…Confidentiality.
15…Protection for registered agents.
16…Giving false or misleading information.
17…Regulations.