# The Small Limited Liability Partnerships (Accounts) Regulations 2008, Paragraph 27: Other significant holdings of parent LLP or group


(1) The information required by paragraphs 28 and 29 must be given where at the end of the financial year the parent LLP has a significant holding in an undertaking which is not one of its subsidiary undertakings and does not fall within paragraph 25 (joint ventures) or paragraph 26 (associated undertakings).
(2) A holding is significant for this purpose if—
(a) it amounts to 20% or more of the nominal value of any class of shares in the undertaking, or
(b) the amount of the holding (as stated or included in the LLP’s individual accounts) exceeds 20% of the amount of its assets (as so stated).

---
Source: https://www.legislation.gov.uk/ukdsi/2008/9780110818344/schedule/4/paragraph/27 (the official version)
Page: https://openlegislation.uk/draft-small-limited-liability-partnerships-accounts-regulations-2008/schedule-4/paragraph-27
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.