Statutory Notice Regarding Ceasing to be an LLP PSC (individual)

This Statutory Notice regarding ceasing to be a PSC, relates to the circumstances where an LLP knows (or has reasonable cause to believe) that an individual has ceased to be a registrable person in respect of an LLP (section 790EA Companies Act 2006) but has not had confirmation that the person has ceased to be a registrable PSC or has not had confirmation of the date on which this occurred.

LLPs must only send confirmed information to Companies House and have a duty to keep information about their PSCs up to date and find out about any changes in PSC information, including that a PSC has ceased to be registrable. Therefore if an LLP knows (or has reasonable cause to believe) that a PSC has ceased to be registrable, the LLP must take reasonable steps to verify this.

This letter gives notice to the PSC to confirm their current status in respect of the LLP as well as state their current details and registrable interest, if any, within one month of the date of the letter.

The LLP must give the notice as soon as reasonably practicable after the LLP becomes subject to the duty to give a notice (i.e. when the LLP becomes aware of the potential cessation) and in any event before the end of the period of 14 days beginning with the day on which the company becomes subject to the duty under section 790EA of the Companies Act 2006.

A form of this notice is also freely available from the www.gov.uk website.

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