# Limited Liability Partnerships Regulations 2001, Part I: MODIFICATIONS TO PROVISIONS OF THE 1985 ACT APPLIED TO LIMITED LIABILITY PARTNERSHIPS Extent: E+W+S Provisions Modifications Investigation of companies and their affairs: Requisition of documents . . . . . . 431 (investigation of a company on its own application or that of its members) For subsection (2) substitute the following: “(2) —The appointment may be made on the application of the limited liability partnership or on the application of not less than one-fifth in number of those who appear from notifications made to the registrar of companies to be currently members of the limited liability partnership.” 432 (other company investigations)subsection (4) For the words “but to whom shares in the company have been transferred or transmitted by operation of law” substitute “but to whom a member’s share in the limited liability partnership has been transferred or transmitted by operation of law.” 433 (inspectors' powers during investigation) 434 (production of documents and evidence to inspectors) 436 (obstruction of inspectors treated as contempt of court) 437 (inspectors' reports) . . . 439 (expenses of investigating a company’s affairs) subsection (5) Omit paragraph (b) together with the word “or” at the end of paragraph (a). 441 (inspectors' report to be evidence) section 446A (general powers to give directions) section 446B (direction to terminate investigation) section section 446C (resignation and revocation of appointment) section 446D (appointment of replacement inspectors) section 446E (obtaining information from former inspectors etc) 447 (Secretary of State’s power to require production of documents) 447A (information provided: evidence) 448 (entry and search of premises) 448A (protection in relation to certain disclosures: information provided to Secretary of State) 449 (provision for security of information obtained) 450 (punishment for destroying, mutilating etc. company documents) Omit subsection (1A). 451 (punishment for furnishing false information) 451A (disclosure of information by Secretary of State or inspector) In subsection (1), for the words “sections 434 to 446E” substitute “sections 434 to 441 and 446E”.Omit subsection (5). 452 (privileged information) In subsection (1), for the words “sections 431 to 446E” substitute “sections 431 to 441 and 446E”.In subsection (1A), for the words “sections 434, 443 or 446” substitute “section 434”. 453A (power to enter and remain on premises), In subsection (7), for the words “section 431, 432 or 442” substitute “section 431 or 432. 453B (power to enter and remain on premises: procedural), 453C (failure to comply with certain requirements) . . . . . . Floating charges and Receivers (Scotland) 464 (ranking of floating charges) In subsection (1), for the words “section 462” substitute “the law of Scotland”. 466 (alteration of floating charges) Omit subsections (1), (2), (3) and (6). 486 (interpretation for Part XVIII generally) For the current definition of “company” substitute ““company” means a limited liability partnership;” Omit the definition of “Register of Sasines”. 487 (extent of Part XVIII) . . . . . . Schedule 15C (security of information obtained: specified persons), Schedule 15D (security of information obtained: specified disclosures) . . . . . . --- Source: https://www.legislation.gov.uk/uksi/2001/1090/schedule/2/part/I (the official version) Page: https://openlegislation.uk/limited-liability-partnerships-regulations-2001/schedule-2/part-I Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.