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administrative fines ...........6\n5.\nAmendment of section 282 - amendment of schedules ..............................................................6\n6.\nRepeal of Schedules 6 and 7 - countries or territories that have entered, etc.;\nadministrative fines ....................................................................................................................6\n\nCompanies (Amendment) Act, 2023\nSection 1\n\nc\nAct 15 of 2023\nPage 5\n\nCAYMAN ISLANDS\n\nCOMPANIES (AMENDMENT) ACT, 2023\n(Act 15 of 2023)\nAN ACT TO AMEND THE COMPANIES ACT (2023 REVISION) TO REMOVE\nPROVISIONS RELATING TO THE BENEFICIAL OWNERSHIP REGIME; AND FOR\nINCIDENTAL AND CONNECTED PURPOSES\nENACTED by the Legislature of the Cayman Islands.\n1.\nShort title and commencement\n1.\n(1) This Act may be cited as the Companies (Amendment) Act, 2023.\n(2) This Act shall come into force on such date as may be appointed by Order made\nby the Cabinet and different dates may be appointed for different provisions of\nthis Act and in relation to different matters.\n2.\nRepeal of section 80D of the Companies Act (2023 Revision) - exempt from\nPart XVIIA\n2.\nThe Companies Act (2023 Revision), in this Act referred to as the \u201cprincipal Act\u201d, is\namended by repealing section 80D.\n3.\nAmendment of section 156A - striking off for failure to pay fine\n3.\nThe principal Act is amended by deleting the words \u201cin accordance with Part XVIIB\u201d\nand substituting the words \u201cin accordance with section 26 of the Beneficial\nOwnership Transparency Act, 2023\u201d.\n(Act 15 of 2023)\nI Assent,\nJane Owen\nGovernor\nDate: 7th day of December, 2023\n\nSection 4\nCompanies (Amendment) Act, 2023\n\nPage 6\nAct 15 of 2023\nc\n\n4.\nRepeal of Parts XVIIA and XVIIB - Beneficial Ownership Registers;\nadministrative fines\n4.\nThe principal Act is amended by repealing Parts XVIIA and XVIIB.\n5.\nAmendment of section 282 - amendment of schedules\n5.\nThe principal Act is amended in section 282 by deleting the words \u201c, Schedule 5 or\nSchedule 7\u201d and substituting the words \u201cor Schedule 5\u201d.\n6.\nRepeal of Schedules 6 and 7 - countries or territories that have entered, etc.;\nadministrative fines\n6.\nThe principal Act is amended by repealing Schedules 6 and 7.\nPassed by the Parliament the 23rd day of November, 2023.\nHon. 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