Regulation 45 Amendments to Schedule 5 (general interpretation)I1

United Kingdom

In Schedule 5 (general interpretation)—

(a)

for paragraph 2(1) (definitions of financial instruments) substitute—

“(1)
The expressions listed in sub-paragraph (2) have the same meaning as they have in Directive 2013/34/EU of 26 June 2013 on the annual financial statements etc. of certain types of undertakings^f1.”;

(b)

in paragraph 8(5) (participating interests)—

(i)

before “Part 1 of Schedule 1” insert “Section B of”; and

(ii)

omit “and Part 1 of Schedule 3”; and

(c)

in paragraph 12(3) (staff costs), for “the LLP’s profit and loss account” substitute “the profit and loss account Format 2 in Section B of Part 1 of Schedule 1”.

Annotations

Commencement

I1: Reg. 45 in force at 17.5.2016, see reg. 2(1)

Footnotes

f1: OJ No L 182, 29.06.13, p. 19, as last amended by Council Directive 2014/102/EU.