# The Small Limited Liability Partnerships (Accounts) Regulations 2008, Paragraph 7: Acquisition and merger accounting


(1) The following provisions apply where an undertaking becomes a subsidiary undertaking of the parent LLP.
(2) That event is referred to in those provisions as an “acquisition”, and references to the “undertaking acquired” are to be construed accordingly.

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Source: https://www.legislation.gov.uk/ukdsi/2008/9780110818344/schedule/4/paragraph/7 (the official version)
Page: https://openlegislation.uk/draft-small-limited-liability-partnerships-accounts-regulations-2008/schedule-4/paragraph-7
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.