Paragraph 13 The Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008

In regulation 5A (LLPs qualifying as micro-entities)^f1, in the modified version of section 384B(1) applied by that regulation (LLPs excluded from being treated as micro-entities)—

(a)

in the opening words omit “was”;

(b)

at the beginning of paragraph (a) insert “was”;

(c)

in paragraph (b)—

(i)

at the beginning insert “would have been”;

(ii)

at the end before the comma insert “were the United Kingdom a member State”;

(d)

in paragraph (c)—

(i)

at the beginning insert “would have been”;

(ii)

at the end before the comma insert “were the United Kingdom a member State”;

(e)

in paragraph (d), for the words from “other than one” to the end substitute “which is a CRR firm within the meaning of Article 4(1)(2A) of that Regulation,”;

(f)

in paragraph (e)—

(i)

at the beginning insert “would have been”; and

(ii)

at the end insert “were the United Kingdom a member State”.

Annotations

Footnotes

f1: Regulation 5A was inserted by S.I. 2016/575.