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The Partnerships (Unrestricted Size) No. 4 (Amendment) Regulations 1992

S.I. 1992/1438 · Made 17 June 1992

Original text. legislation.gov.uk does not revise statutory instruments, so later amendments are not shown here. Changes made to it are listed under each provision when known.

PARTNERSHIP

Made 17th June 1992

Coming into force 10th July 1992

The Secretary of State, in exercise of the power conferred on him by sections 716(2)(d) and 744 of the Companies Act 1985f1, hereby makes the following Regulations:—

Annotations to the whole text

Footnotes

f1

1985 c. 6; section 716(2)(d) was inserted by the Companies Act 1989 (c. 40), section 145 and Schedule 19, paragraph 15(2); section 744 contains a definition of “prescribed” relevant to the exercise of the power conferred by section 716(2)(d).

Contents

  1. 1Regulation 1
  2. 2Regulation 2
  3. Signature
  4. Explanatory note

1

These Regulations may be cited as the Partnerships (Unrestricted Size) No. 4 (Amendment) Regulations 1992 and shall come into force on 10th July 1992.

2

Regulation 2 of the Partnerships (Unrestricted Size) No. 4 Regulations 1970f1, shall be amended by substituting for the words “the Council of Engineering Institutions” the words “The Engineering Council”.

Signature

Neil Hamilton

Parliamentary Under-Secretary of State,

Department of Trade and Industry

17th June 1992

Explanatory note

(This note is not part of the Regulations)

Section 716 of the Companies Act 1985 prohibits the formation of partnerships consisting of more than 20 persons. These Regulations amend the Partnerships (Unrestricted Size) No. 4 Regulations 1970 (S.I. 1970/1319) which provide an exemption from that prohibition. They replace a reference to the Council of Engineering Institutions by a reference to its successor body, The Engineering Council.