All provisions · Beneficial Ownership Regulations 2020 · Determination of beneficial owners
r.9 Derechos considerados como poseídos por la persona que controla su ejercicio
(1) A los efectos del presente reglamento, cuando una persona controle un derecho, se considerará que dicho derecho es poseído por esa persona y no por la persona que de hecho ostenta el derecho, salvo que esta última también lo controle.
(2) Una persona controla un derecho si, en virtud de cualquier acuerdo entre dicha persona y otra u otras personas, el derecho solo puede ejercerse —
(a) por esa persona;
(b) de conformidad con las directrices o instrucciones de esa persona; o
(c) con el consentimiento o la conformidad de esa persona.
(2) Una persona controla un derecho si, en virtud de cualquier acuerdo entre dicha persona y otra u otras personas, el derecho solo puede ejercerse —
(a) por esa persona;
(b) de conformidad con las directrices o instrucciones de esa persona; o
(c) con el consentimiento o la conformidad de esa persona.
Translation for information only. Only the English original is legally binding.
Original wording (English, legally binding): Rights treated as held by person who controls their exercise
(1) For the purposes of these regulations, where a person controls a right, the right shall be treated as held by that person and not by the person who in fact holds the right, unless that person also controls it.
(2) A person controls a right if, by virtue of any arrangement between that person and other person or persons, the right is exercisable only —
(a) by that person;
(b) in accordance with that person's directions or instructions; or
(c) with that person's consent or concurrence.
(2) A person controls a right if, by virtue of any arrangement between that person and other person or persons, the right is exercisable only —
(a) by that person;
(b) in accordance with that person's directions or instructions; or
(c) with that person's consent or concurrence.
Official source: Beneficial Ownership Regulations, 2020 (S.I. 107 of 2020), Consolidated by us with S.I. 32 of 2023 and S.I. 64 of 2025; S.I. 7 of 2025 made but not yet in force
