Paragraph 7

(1)

Paragraph 19 (companies: officers' liability) is amended as follows.

(2)

In sub-paragraph (3)—

(a)

after “a body corporate” insert “ other than a limited liability partnership ”,

(b)

in paragraph (a), omit the “or” at the end, and

(c)

after that paragraph insert—

“(aa)
a manager, and”.

(3)

After that sub-paragraph insert—

“(3A)
In the application of sub-paragraph (1) to a limited liability partnership, “officer” means a member.”

(4)

Insert at the end—

“(6)
In this paragraph “company” means any body corporate or unincorporated association, but does not include a partnership, a local authority or a local authority association.”