# The Large and Medium-sized Limited Liability Partnerships (Accounts) Regulations 2008, Paragraph 71: LLP’s own accounts: guarantees and other financial commitments in favour of group undertakings


Commitments within any of sub-paragraphs (1) to (5) of paragraph 60 (guarantees and other financial commitments) which are undertaken on behalf of or for the benefit of—
(a) any parent undertaking or fellow subsidiary undertaking, or
(b) any subsidiary undertaking of the LLP,
must be stated separately from the other commitments within that paragraph, and commitments within paragraph (a) must also be stated separately from those within paragraph (b).

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Source: https://www.legislation.gov.uk/ukdsi/2008/9780110818351/schedule/1/paragraph/71 (the official version)
Page: https://openlegislation.uk/draft-large-and-medium-sized-limited-liability-partnerships-accounts-regulations-2008/schedule-1/paragraph-71
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.