# The Partnerships (Unrestricted Size) No. 11 Regulations 1996, Regulation 2


Section 716(1) of the Companies Act 1985 does not prohibit the formation for the purpose of carrying on practice as actuaries of a partnership consisting of persons not less than three-quarters of the total number of whom are either Fellows of the Institute of Actuaries or Fellows of the Faculty of Actuaries.

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Source: https://www.legislation.gov.uk/uksi/1996/262/regulation/2 (the official version)
Page: https://openlegislation.uk/partnerships-unrestricted-size-no-11-regulations-1996/regulation-2
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.