{
  "url": "https://openlegislation.uk/limited-liability-partnerships-amendment-etc-regulations-2021/schedule-2/paragraph-2",
  "json_url": "https://openlegislation.uk/limited-liability-partnerships-amendment-etc-regulations-2021/schedule-2/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/2/paragraph/2",
  "kind": "paragraph",
  "number": "2",
  "heading": null,
  "text": "After the entry relating to Article 13 insert—\n“\nArticle 13B (obtaining a moratorium by filing documents at High Court)\nparagraph (1)\nOmit sub-paragraph (b) and the “and” preceding it.\nparagraph (2)\nFor “directors” substitute “designated members”.\nArticle 13BA (obtaining a moratorium for company subject to winding-up petition)\nparagraph (2)\nFor “directors” substitute “designated members”.\nArticle 13BB (obtaining a moratorium for other overseas companies)\nOmit.\nArticle 13BC (the relevant documents)\nparagraph (1)\nIn sub-paragraph (a) for “directors wish” substitute “limited liability partnership wishes”.\nIn sub-paragraph (d) for “directors” substitute “designated members”.\nArticle 13BD (beginning of moratorium and appointment of monitor)\nparagraph (1)\nOmit sub-paragraph (c).\nArticle 13BE (obligations to notify where moratorium comes into force)\nparagraph (1)\nFor “directors” substitute “designated members”.\nparagraph (4)\nFor “directors” substitute “designated members”, and for “director” substitute “designated member”.\nArticle 13CA (extension by directors without creditor consent)\nparagraph (1)\nIn the words before sub-paragraph (a) for “directors” substitute “designated members”.\nIn sub-paragraph (a) for “directors wish” substitute “limited liability partnership wishes”.\nIn sub-paragraph (b) for “directors” substitute “designated members”.\nIn sub-paragraph (c) for “directors” substitute “designated members”.\nArticle 13CB (extension by directors with creditor consent)\nparagraph (1)\nIn the words before sub-paragraph (a) for “directors” substitute “designated members”.\nIn sub-paragraph (a) for “directors wish” substitute “limited liability partnership wishes”.\nIn sub-paragraph (b) for “directors” substitute “designated members”.\nIn sub-paragraph (c) for “directors” substitute “designated members”.\nIn sub-paragraph (e) for “directors” substitute “designated members”.\nArticle 13CD (extension by High Court on application of directors)\nparagraph (1)\nFor “directors” substitute “designated members”.\nparagraph (2)\nIn sub-paragraph (a) for “directors” substitute “designated members”.\nIn sub-paragraph (b) for “directors” substitute “designated members”.\nIn sub-paragraph (c) for “directors” substitute “designated members”.\nArticle 13CE (extension while proposal for CVA pending)\nparagraph (1)\nIn sub-paragraph (a) for “directors make” substitute “limited liability partnership makes”.\nparagraph (3)\nIn sub-paragraph (a) for “company and its creditors both” substitute “creditors of the limited liability partnership”.\nOmit sub-paragraph (b).\nArticle 13CH (obligations to notify change in end of moratorium)\nparagraph (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”.\nparagraph (6)\nFor “directors” substitute “designated members”, and for “director” substitute “designated member”.\nArticle 13DB (restrictions on insolvency proceedings etc)\nparagraph (1)\nIn sub-paragraph (a) for “directors” substitute “limited liability partnership”.\nOmit sub-paragraphs (b) and (c).\nIn sub-paragraph (d) for “directors” substitute “limited liability partnership”.\nIn sub-paragraph (e) for “directors” substitute “limited liability partnership”.\nIn sub-paragraph (f) omit “or 23(1)”.\nIn sub-paragraph (g) omit “or 23(1)”.\nArticle 13DF (duty of directors to notify monitor of insolvency proceedings etc)\nparagraph (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 sub-paragraph (c) substitute “23” for “23(2)”.\nparagraph (2)\nOmit.\nparagraph (3)\nOmit “or (2)”.\nparagraph (4)\nFor paragraph (4) substitute—\n“(4) If the designated members fail to comply with paragraph (1), any designated member who did not have a reasonable excuse for the failure commits an offence.”\nArticle 13DM (disposal of charged property free from charge)\nparagraph (7)\nFor “directors” substitute “designated members”.\nparagraph (8)\nFor “directors” substitute “designated members”, and for “director” substitute “designated member”.\nArticle 13DN (disposal of hire-purchase property)\nparagraph (5)\nFor “directors” substitute “designated members”.\nparagraph (6)\nFor “directors” substitute “designated members”, and for “director” substitute “designated member”.\nArticle 13EB (provision of information to monitor)\nparagraph (1)\nFor “directors of the company” substitute “designated members”.\nparagraph (2)\nFor “directors” substitute “designated members”.\nArticle 13ED (termination of moratorium by monitor)\nparagraph (1)\nIn sub-paragraph (c) for “directors” substitute “designated members”.\nArticle 13EE (replacement of monitor or appointment of additional monitor)\nparagraph (3)\nFor “directors” substitute “designated members”.\nArticle 13F (challenge to monitor’s actions)\nparagraph (2)\nIn sub-paragraph (a) omit “, director”.\nArticle 13FB (challenge to directors’ actions)\nparagraph (1)\nIn the text before sub-paragraph (a) omit “or member”.\nIn paragraph (a), omit “or members” in both places where it appears.\nArticle 13H (regulated companies: modifications to this Part)\nparagraph (4)\nFor “directors” substitute “designated members”.\nparagraph (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 1A was inserted by section 4 of the 2020 Act."
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/2021/60/schedule/2/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."
}