ADVOKS GLOBAL · KENYA
The Companies (Beneficial Ownership Information) Regulations
10. Withdrawal of the restriction
Edition: 2023-10-19 · In force
10. Withdrawal of the restriction
(1)Where a notice issued under regulation 5 is complied with after the time specified in the notice, the company shall, within fourteen days of compliance of the notice, withdraw the restriction placed on the relevant interest of the beneficial owner.(2)A company shall note in its register of beneficial owners—(a)the date on which the withdrawal was issued;(b)the date on which the company became required to withdraw the restriction; and(c)the person's relevant interest in the company.(3)The company shall file a copy of the withdrawal issued under this regulation with the Registrar within fourteen days from the date the withdrawal was issued.