{
  "url": "https://openlegislation.uk/draft-limited-liability-partnerships-partnerships-and-groups-accounts-and-audit-regulations-2016/regulation-17",
  "json_url": "https://openlegislation.uk/draft-limited-liability-partnerships-partnerships-and-groups-accounts-and-audit-regulations-2016/regulation-17.json",
  "legislation": "ukdsi/2016/9780111144787",
  "legislation_title": "The Limited Liability Partnerships, Partnerships and Groups (Accounts and Audit) Regulations 2016",
  "legislation_url": "https://openlegislation.uk/draft-limited-liability-partnerships-partnerships-and-groups-accounts-and-audit-regulations-2016",
  "path": "regulation/17",
  "kind": "regulation",
  "number": "17",
  "heading": "Medium-sized LLPs",
  "text": "(1) Regulation 26 (medium-sized LLPs) is amended as follows.\n(2) In the table in section 465(3) (LLPs qualifying as medium-sized: general)—\n(a) in item 1 (turnover), for “Not more than £25.9 million” substitute “Not more than £36 million”; and\n(b) in item 2 (balance sheet total), for “Not more than £12.9 million” substitute “Not more than £18 million”.\n(3) In the table in section 466(4) (LLPs qualifying as medium-sized: parent LLPs)—\n(a) in item 1 (aggregate turnover), for “Not more than £25.9 million net (or £31.1 million gross)” substitute “Not more than £36 million net (or £43.2 million gross)”; and\n(b) in item 2 (aggregate balance sheet total), for “Not more than £12.9 million net (or £15.5 million gross)” substitute “Not more than £18 million net (or £21.6 million gross)”.\n(4) In section 467 (LLPs excluded from being treated as medium-sized)—\n(a) for subsection (1)(a) substitute—\n“(a) a traded LLP,”; and\n(b) for subsection (2)(a) substitute—\n“(a) a traded company,”.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukdsi/2016/9780111144787/regulation/17",
    "retrieved_at": "2026-10-30T15:08:25.214459+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}