Regulation 13 Filing obligations of medium-sized LLPs
(1)
Regulation 18 (filing obligations of medium-sized LLPs) is amended as follows.
(2)
In section 445 (filing obligations of medium-sized LLPs)—
(a)
at the end of subsection (2) insert—
“This does not apply if the LLP is exempt from audit and the members have taken advantage of that exemption.”; and
(b)
omit subsections (3) and (4).