Companies Act 2016 · Updated to 31 Jan 2025 · Part II · Formation and Administration of Companies
60A. Beneficial owner of company
Feedback & support(1)
A person is a beneficial owner of a company if he is a natural person who ultimately owns or controls over a company and includes a person who exercises ultimate effective control over a company.
beneficial owner
Defined · s 2
“beneficial owner” means the ultimate owner of the shares and does not include a nominee of any description;
(2)
The Registrar may issue guidelines for the purpose of identifying a beneficial owner of a company.
Companies 99