Statutory Notice of Those with Knowledge

The notice requires the identified PSCs to provide accurate and up-to-date information regarding their control over the company, which includes their name, date of birth, nationality, and the nature of their control. Once collected, this information is recorded and maintained in the company's PSC register, which is accessible to the public, further promoting transparency and community trust.

Failure to comply with this statutory notice can result in legal penalties for both the company and the PSCs, emphasizing its importance. Companies must issue this notice within the timeline mandated by the law to avoid potential fines or sanctions, thereby encouraging adherence to corporate governance practices.