{
  "url": "https://openlegislation.uk/limited-liability-partnerships-amendment-etc-regulations-2021/schedule-1/paragraph-2",
  "json_url": "https://openlegislation.uk/limited-liability-partnerships-amendment-etc-regulations-2021/schedule-1/paragraph-2.json",
  "legislation": "uksi/2021/60",
  "legislation_title": "The Limited Liability Partnerships (Amendment etc.) Regulations 2021",
  "legislation_url": "https://openlegislation.uk/limited-liability-partnerships-amendment-etc-regulations-2021",
  "path": "schedule/1/paragraph/2",
  "kind": "paragraph",
  "number": "2",
  "heading": null,
  "text": "Before the entry relating to section 1 insert—\n“\nSection A3 (obtaining a moratorium by filing or lodging documents at court)\nsubsection (1)\nOmit paragraph (b) and the “and” preceding it.\nsubsection (2)\nFor “directors” substitute “designated members”.\nSection A4 (obtaining a moratorium for company subject to winding-up petition)\nsubsection (2)\nFor “directors” substitute “designated members”.\nSection A5 (obtaining a moratorium for other overseas companies)\nOmit.\nSection A6 (the relevant documents)\nsubsection (1)\nIn paragraph (a) for “directors wish” substitute “limited liability partnership wishes”.\nIn paragraph (d) for “directors” substitute “designated members”.\nSection A7 (beginning of moratorium and appointment of monitor)\nsubsection (1)\nOmit paragraph (c).\nSection A8 (obligations to notify where moratorium comes into force)\nsubsection (1)\nFor “directors” substitute “designated members”.\nsubsection (4)\nFor “directors” substitute “designated members”, and for “director” substitute “designated member”.\nSection A10 (extension by directors without creditor consent)\nsubsection (1)\nIn the words before paragraph (a) for “directors” substitute “designated members”.\nIn paragraph (a) for “directors wish” substitute “limited liability partnership wishes”.\nIn paragraph (b) for “directors” substitute “designated members”.\nIn paragraph (c) for “directors” substitute “designated members”.\nSection A11 (extension by directors with creditor consent)\nsubsection (1)\nIn the words before paragraph (a) for “directors” substitute “designated members”.\nIn paragraph (a) for “directors wish” substitute “limited liability partnership wishes”.\nIn paragraph (b) for “directors” substitute “designated members”.\nIn paragraph (c) for “directors” substitute “designated members”.\nIn paragraph (e) for “directors” substitute “designated members”.\nSection A13 (extension by court on application of directors)\nsubsection (1)\nFor “directors” substitute “designated members”.\nsubsection (2)\nIn paragraph (a) for “directors” substitute “designated members”.\nIn paragraph (b) for “directors” substitute “designated members”.\nIn paragraph (c) for “directors” substitute “designated members”.\nSection A14 (extension while proposal for CVA pending)\nsubsection (1)\nIn paragraph (a) for “directors make” substitute “limited liability partnership makes”.\nsubsection (3)\nIn paragraph (a) for “company and its creditors both” substitute “creditors of the limited liability partnership”.\nOmit paragraph (b).\nSection A17 (obligations to notify change in end of moratorium)\nsubsection (1)\nFor “directors of a company” substitute “designated members of a limited liability partnership”.\nIn the table, for the heading of the third column substitute “the designated members must”.\nsubsection (6)\nFor “directors” substitute “designated members”, and for “director” substitute “designated member”.\nSection A20 (restrictions on insolvency proceedings etc)\nsubsection (1)\nIn paragraph (a) for “directors” substitute “limited liability partnership”.\nOmit paragraphs (b) and (c).\nIn paragraph (d) for “directors” substitute “limited liability partnership”.\nIn paragraph (e) for “directors” substitute “limited liability partnership”.\nIn paragraph (f) omit “or 22(1)”.\nIn paragraph (g) omit “or 22(1)”.\nSection A24 (duty of directors to notify monitor of insolvency proceedings etc)\nsubsection (1)\nFor “directors of a company must notify the monitor before taking” substitute “designated members of a limited liability partnership must notify the monitor before the limited liability partnership takes”.\nIn paragraph (c) substitute “22” for “22(2)”.\nsubsection (2)\nOmit.\nsubsection (3)\nOmit “or (2)”.\nsubsection (4)\nFor subsection (4) substitute—\n“(4) If the designated members fail to comply with subsection (1), any designated member who did not have a reasonable excuse for the failure commits an offence.”\nSection A31 (disposal of charged property free from charge)\nsubsection (7)\nFor “directors” substitute “designated members”.\nsubsection (8)\nFor “directors” substitute “designated members”, and for “director” substitute “designated member”.\nSection A32 (disposal of hire-purchase property)\nsubsection (5)\nFor “directors” substitute “designated members”.\nsubsection (6)\nFor “directors” substitute “designated members”, and for “director” substitute “designated member”.\nSection A36 (provision of information to monitor)\nsubsection (1)\nFor “directors” substitute “designated members”.\nsubsection (2)\nFor “directors” substitute “designated members”.\nSection A38 (termination of moratorium by monitor)\nsubsection (1)\nIn paragraph (c) for “directors” substitute “designated members”.\nSection A39 (replacement of monitor or appointment of additional monitor)\nsubsection (3)\nFor “directors” substitute “designated members”.\nSection A42 (challenge to monitor’s actions)\nsubsection (2)\nIn paragraph (a) omit “, director”.\nSection A44 (challenge to directors’ actions)\nsubsection (1)\nIn the text before paragraph (a) omit “or member”.\nIn paragraph (a), omit “or members” in both places where it appears.\nSection A48 (prosecution of delinquent officers of company)\nsubsection (3)\nOmit paragraph (c) and the “and” preceding it.\nSection A49 (regulated companies: modifications to this Part)\nsubsection (4)\nFor “directors” substitute “designated members”.\nsubsection (5)\nFor “directors” substitute “designated members”, and for “director” substitute “designated member”.\n”.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "footnote",
      "label": "f1",
      "text": "Part A1 was inserted by section 1 of the 2020 Act."
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/2021/60/schedule/1/paragraph/2",
    "retrieved_at": "2026-10-28T22:18:14.633261+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}