
The Bill contains a wide range of provisions, including those for the establishment of a register of those with significant control over companies. It will also introduce a new general rule that company directors must be natural persons (at present, under section 155 of the Companies Act 2006, companies can act as a director of a company where that company has at least one director that is a natural person). This general rule can, however, be subject to exceptions determined by the Secretary of State.
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