PSC notification letters
Letters from new or former shareholders to a company regarding their status as a person with significant control in relation to the company, to enable the company to update its PSC Register.
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When do I use this document?
- for notifications from new or former shareholders regarding their status as a PSC in relation to the company
- following a share allotment or share transfer
- for an individual who becomes or ceases to be a registrable person
- for a company that becomes or ceases to be a relevant legal entity
What are the key features?
- letter from an individual notifying that they are a registrable person due to a share allotment or transfer
- letter from a corporate entity or firm that it is a registrable relevant legal entity as a result of a share allotment or transfer
- letter from an individual notifying that they no longer a registrable person because they no longer hold any shares
- letter from a corporate entity or firm that it is no longer a registrable relevant legal entity as because it no longer holds any shares
When do I use this document?
- for the assignment of IPR by a third party contractor to a company
- as part of the closing documents in an investment transaction
What are the key features?
- 8 clauses over 4 pages
- in the form of a deed between the company and the assigning contractor
- definitions of Developed IPR and Intellectual Property
- assignment and further assurance provisions
- warranties from the assigning contractor as to ownership of the Assigned IPR
What other documents are available?
For a Deed of Assignment of general intellectual property rights by a founder to a company, see
For a Deed of Assignment of registered and unregistered trade marks, see
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Updated by a lawyer on 04/11/2025
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