S.L. 331.10 ст. 6AARefusal or revocation of access to beneficial ownership information. 

(1) The Authority may only refuse a request to access beneficial ownership information in any of the following cases:

(a) where the applicant has not provided the necessary information or documents in accordance with regulation 6A or any Rules published by the

Authority;

(b) where a legitimate interest to access beneficial ownership information has not been demonstrated;

(c) where on the basis of information in its possession, the Authority has a reasonable concern that the information will not be used for the purposes for which it was requested or that the information will be used for purposes that are not connected to the prevention of money laundering, its predicate offences or terrorist financing;

(d) where one (1) or more of the situations referred to in regulation 6(2) applies;

(e) where access is requested in accordance with regulation 6A(6), and the legitimate interest to access beneficial ownership information granted by the central register of another European Union Member State does not extend to the purposes for which the information is sought in the application submitted to the Authority;

(f) where the applicant is in a third country, and responding to the request to access information would not comply with the provisions of Chapter V of Regulation (EU) 2016/679 of the European Parliament and of the Council of 27 April 2016 on the protection of natural persons with regard to the processing of personal data and on the free movement of such data, and repealing Directive 95/ 46/EC (General Data Protection Regulation):

Provided that prior to refusing a request for access on the grounds listed in sub-regulation (1)(a), (b), (c) and (e), the Authority shall consider requesting additional information or documents from the applicant:

Provided further that where the Authority requests additional information, the deadline for the Authority to provide a response shall be extended by seven (7) working days:

Provided further that the Authority shall document the steps taken to assess the request and to obtain such additional information.

(2) Where the Authority refuses to provide access to information in accordance with sub-regulation (1), it shall inform the applicant of the reasons for refusal and of the right of appeal as provided for in regulation 6B.

(3) In circumstances where access has already been granted, the Authority shall revoke such access where any of the grounds listed in sub-regulation (1) subsequently arise or become known to the Authority, including where relevant, on the basis of revocation of access by a central register in another European Union Member State. (REGISTER OF BENEFICIAL OWNERS)