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Regulation 4 Application of the Principal Regulations to limited liability partnerships

Original text. Later amendments are not shown.

Regulation 2 of the Principal Regulations (interpretation) shall read as if—

(a)

the definition of “director” were omitted;

(b)

the definition of “financial year” were—

  • ““financial year” means an LLP’s financial year determined in accordance with sections 390 to 392 of the 2006 Act (as applied and modified by regulation 7 of the 2008 Regulations);”;

(c)

the definition of “qualifying company” were omitted;

(d)

there were, in the appropriate places alphabetically, the following definitions—

  • ““the 2008 Regulations” means the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008f1”;

  • ““designated member” has the meaning given in section 8 of the Limited Liability Partnerships Act 2000f2”;

  • ““LLP” means a limited liability partnership registered under the Limited Liability Partnerships Act 2000”;

  • ““qualifying LLP” has the meaning given in regulation 5”.

Annotations

Footnotes

f1

S.I. 2008/1911.

f2

2000 c.12; section 8 was amended by S.I. 2009/1804.