The legislation requires all Relevant Legal Entity PSCs to supply us with the first two pieces of information, the ‘Legal Form’ & ‘Law Governed’. The PSC has the option to give us the additional 3 pieces of information, if they are relevant, but must give all 3 if they do so.
When a PSC wishes to change any of the information above, we require the new set of information in full (even the elements that have not changed), so that we can overwrite the existing info. It has been designed this way so that PSCs that wish to go from 5 pieces of information down to 2, can do so. Otherwise we would not know if the optional 3 pieces of information were to be removed or not.
Hope that answers your query.