{
  "url": "https://openlegislation.uk/limited-liability-partnerships-amendment-regulations-2005/schedule-2/paragraph-14",
  "json_url": "https://openlegislation.uk/limited-liability-partnerships-amendment-regulations-2005/schedule-2/paragraph-14.json",
  "legislation": "uksi/2005/1989",
  "legislation_title": "The Limited Liability Partnerships (Amendment) Regulations 2005",
  "legislation_url": "https://openlegislation.uk/limited-liability-partnerships-amendment-regulations-2005",
  "path": "schedule/2/paragraph/14",
  "kind": "paragraph",
  "number": "14",
  "heading": null,
  "text": "Before the entry relating to Schedule 1 to the 1986 Act (powers of the administrator or administrative receiver) insert—\n“\nProvisions\nModifications\nSchedule A1\nParagraph 6\nsub-paragraph (1)\nFor “directors of a company wish” substitute “limited liability partnership wishes”.\nFor “they” substitute “the designated members of the limited liability partnership”.\nsub-paragraph (2)\nFor “directors” substitute “the designated members of the limited liability partnership”.\nIn sub-paragraph (c), for “meetings of the company and” substitute “a meeting of”.\nParagraph 7\nsub-paragraph (1)\nFor “directors of a company” substitute “designated members of the limited liability partnership”.\nIn sub-paragraph (e)(iii), for “meetings of the company and” substitute “a meeting of”.\nParagraph 8\nsub-paragraph (2)\nFor “meetings” substitute “meeting”.\nFor “are” substitute “is”.\nOmit the words in parenthesis.\nsub-paragraph (3)\nFor “either of those meetings” substitute “the meeting”.\nFor “those meetings were” substitute “that meeting was”.\nOmit the words in parenthesis.\nsub-paragraph (4)\nFor “either” substitute “the”.\nsub-paragraph (6)(c)\nFor “one or both of the meetings” substitute “the meeting”.\nParagraph 9\nsub-paragraph (1)\nFor “directors” substitute “designated members of the limited liability partnership”.\nsub-paragraph (2)\nFor “directors” substitute “designated members of the limited liability partnership”.\nParagraph 12\nsub-paragraph (1)(b)\nOmit.\nsub-paragraph (1)(c)\nFor “resolution may be passed” substitute “determination that it may be wound up may be made”.\nsub-paragraph (2)\nFor “transfer of shares” substitute “any transfer by a member of the limited liability partnership of his interest in the property of the limited liability partnership”.\nParagraph 20\nsub-paragraph (8)\nFor “directors” substitute “designated members of the limited liability partnership”.\nsub-paragraph (9)\nFor “directors” substitute “designated members of the limited liability partnership”.\nParagraph 24\nsub-paragraph (2)\nFor “directors” substitute “designated members of the limited liability partnership”.\nParagraph 25\nsub-paragraph (2)(c)\nFor “directors” substitute “designated members of the limited liability partnership”.\nParagraph 26\nsub-paragraph (1)\nOmit “, director”.\nParagraph 29\nsub-paragraph (1)\nFor “meetings of the company and its creditors” substitute “a meeting of the creditors of the limited liability partnership”.\nParagraph 30\nsub-paragraph (1)\nFor “meetings” substitute “meeting”.\nnew sub-paragraph (2A)\nInsert new sub-paragraph (2A) as follows—\n“(2A) If modifications to the proposal are proposed at the meeting the chairman of the meeting shall, before the conclusion of the meeting, ascertain from the limited liability partnership whether or not it accepts the proposed modifications; and if at that conclusion the limited liability partnership has failed to respond to a proposed modification it shall be presumed not to have agreed to it.”.\nsub-paragraph (3)\nFor “either” substitute “the”.\nAfter “the result of the meeting” in the first place where it occurs insert “(including, where modifications to the proposal were proposed at the meeting, the response to those proposed modifications made by the limited liability partnership)”.\nAt the end add “and to the limited liability partnership”.\nParagraph 31\nsub-paragraph (1)\nFor “meetings” substitute “meeting”.\nsub-paragraph (7)\nFor “directors of the company” substitute “designated members of the limited liability partnership”.\nFor “meetings (or either of them)” substitute “meeting”.\nFor “ directors” substitute “limited liability partnership”.\nFor “those meetings” substitute “that meeting”.\nParagraph 32\nsub-paragraph (2)\nFor sub-paragraphs (a) and (b) substitute “with the day on which the meeting summoned under paragraph 29 is first held.”.\nParagraph 36\nsub-paragraph (2)\nFor sub-paragraph (2) substitute—\n“(2) The decision has effect if, in accordance with the rules, it has been taken by the creditors' meeting summoned under paragraph 29.”.\nsub-paragraph (3)\nOmit.\nsub-paragraph (4)\nOmit.\nsub-paragraph (5)\nOmit.\nParagraph 37\nsub-paragraph (5)\nFor “each of the reports of the meetings” substitute “the report of the meeting”.\nParagraph 38\nsub-paragraph (1)(a)\nFor “one or both of the meetings” substitute “the meeting”.\nsub-paragraph (1)(b)\nFor “either of those meetings” substitute “the meeting”.\nsub-paragraph (2)(a)\nFor “either of the meetings” substitute “the meeting”.\nAfter sub-paragraph (2)(a) insert new (aa) as follows—\n“(aa) any member of the limited liability partnership;”.\nsub-paragraph (2)(b)\nOmit “creditors'”.\nsub-paragraph (3)(a)\nFor “each of the reports” substitute “the report”.\nsub-paragraph (3)(b)\nOmit “creditors'”.\nsub-paragraph (4)(a)(ii)\nOmit “in question”.\nsub-paragraph (4)(b)(i)\nFor “further meetings” substitute “a further meeting” and for “directors” substitute “limited liability partnership”.\nsub-paragraph (4)(b)(ii)\nOmit “company or (as the case may be) creditors'”.\nsub-paragraph (5)\nFor “directors do” substitute “limited liability partnerships does”.\nParagraph 39\nsub-paragraph (1)\nFor “one or both of the meetings” substitute “the meeting”.\nSchedule B1\nParagraph 2\nsub-paragraph (c)\nFor “company or its directors” substitute “limited liability partnership”.\nParagraph 8\nsub-paragraph (1)(a)\nFor “resolution for voluntary winding up” substitute “determination to wind up voluntarily”.\nParagraph 9\nOmit.\nParagraph 12\nsub-paragraph (1)(b)\nOmit.\nParagraph 22\nFor sub-paragraph (1) substitute—\n“(1) A limited liability partnership may appoint an administrator.”.\nOmit sub-paragraph (2).\nParagraph 23\nsub-paragraph (1)(b)\nOmit “or its directors”.\nParagraph 42\nsub-paragraph (2)\nFor “resolution may be passed for the winding up of” substitute “determination to wind up voluntarily may be made by”.\nParagraph 61\nFor paragraph 61 substitute—\n“61 The administrator has power to prevent any person from taking part in the management of the business of the limited liability partnership and to appoint any person to be a manager of that business.”.\nParagraph 62\nAt the end add the following—\n“Subsections (3) and (4) of section 92 shall apply for the purposes of this paragraph as they apply for the purposes of that section.”.\nParagraph 83\nsub-paragraph (6)(b)\nFor “resolution for voluntary winding up” substitute “determination to wind up voluntarily”.\nsub-paragraph (8)(b)\nFor “passing of the resolution for voluntary winding up” substitute “determination to wind up voluntarily”.\nsub-paragraph (8)(e)\nFor “passing of the resolution for voluntary winding up” substitute “determination to wind up voluntarily”.\nParagraph 87\nsub-paragraph (2)(b)\nInsert at the end “or”.\nsub-paragraph (2)(c)\nOmit “, or”.\nsub-paragraph (2)(d)\nOmit the words from “(d)” to “company”.\nParagraph 89\nsub-paragraph (2)(b)\nInsert at the end “or”.\nsub-paragraph (2)(c)\nOmit “, or”.\nsub-paragraph (2)(d)\nOmit the words from “(d)” to “company”.\nParagraph 91\nsub-paragraph (1)(c)\nOmit.\nParagraph 94\nOmit.\nParagraph 95\nFor “to 94” substitute “and 93”.\nParagraph 97\nsub-paragraph (1)(a)\nOmit “or directors”.\nParagraph 103\nsub-paragraph (5)\nOmit.\nParagraph 105\nOmit.\n”.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "footnote",
      "label": "f1",
      "text": "Schedule A1 was inserted by section 1 of, and paragraph 4 of Schedule 1 to, the Insolvency Act 2000."
    },
    {
      "type": "footnote",
      "label": "f2",
      "text": "Schedule B1 was inserted by section 248 of, and Schedule 16 to, the Enterprise Act 2002."
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/2005/1989/schedule/2/paragraph/14",
    "retrieved_at": "2026-10-29T04:55:45.415464+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."
}