- Status
- In Force
- Penalty ceiling
- Regulated
Does it bind you?
Business-side roles with duties under this instrument.
Trader2
Plus 1 duty on the regulator, Crown ministers and public bodies — folded into the section list below.
Other Acts binding the same actors
If a role above is yours, these are the other instruments that most often bind it.
Trader — also bound by 825 other Acts
Value Added Tax Regulations 1995
416 duties
Companies Act 2006
243 duties
Companies Act 1985
85 duties
What it requires
Regulations creating concrete business duties or carrying penalties, grouped as the instrument is structured. Titles link to the source text — blue means you’re leaving for legislation.gov.uk.
s.002
Immigration checks in relation to current accounts: frequency
Regulated
- Carry out quarterly immigration checks on current accountsTrader
s.003
Notification by Secretary of State to a bank or building society
Regulated
Other duties (1) — Crown / regulator
- Notify banks of persons disqualified from current accountsCrown / Minister / Government department
s.004
Notification by bank or building society of compliance with section 40G
Regulated
- Banks must report immigration account compliance quarterly via government websiteTrader
1 other provision — procedural and definitional
s.001
Citation, commencement and interpretation
Duty extraction and severity labels are Guvnor’s analysis of the instrument, not the instrument itself. Always verify against the linked source text.