# The Limited Liability Partnerships, Partnerships and Groups (Accounts and Audit) Regulations 2016, Regulation 45: Amendments to Schedule 5 (general interpretation)


In Schedule 5 (general interpretation)—
(a) for paragraph 2(1) (definitions of financial instruments) substitute—
“(1) The expressions listed in sub-paragraph (2) have the same meaning as they have in Directive 2013/34/EU of 26 June 2013 on the annual financial statements etc. of certain types of undertakings.”;
(b) in paragraph 8(5) (participating interests)—
(i) before “Part 1 of Schedule 1” insert “Section B of”; and
(ii) omit “and Part 1 of Schedule 3”; and
(c) in paragraph 12(3) (staff costs), for “the LLP’s profit and loss account” substitute “the profit and loss account Format 2 in Section B of Part 1 of Schedule 1”.

---
Source: https://www.legislation.gov.uk/ukdsi/2016/9780111144787/regulation/45 (the official version)
Page: https://openlegislation.uk/draft-limited-liability-partnerships-partnerships-and-groups-accounts-and-audit-regulations-2016/regulation-45
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.