This section applies if a company —
knows or has cause to believe that a person has ceased to be a registrable person or a registrable relevant legal entity in relation to the company, but
has not had confirmation that the person has ceased to be a registrable person or a registrable relevant legal entity in relation to the company or has not had confirmation of the date on which the person so ceased.
The company must give the person a notice requiring the person—
to inform the company whether the person has ceased to be a registrable person or a registrable relevant legal entity in relation to the company, and
if the person has, to inform the company of the date on which the person so ceased.
The notice must require the person to whom it is given to comply with the notice by no later than the end of the period of one month beginning with the day on which it is given.
The company must give the notice—
as soon as reasonably practicable after the company becomes subject to the duty under subsection (2), and
in any event before the end of the period of 14 days beginning with the day on which the company becomes so subject.
The Secretary of State may by regulations make further provision about the giving of notices under this section, including provision about their form and content and the manner in which they must be given.
Regulations under subsection (5) are subject to negative resolution procedure.