OpenLegislation

Explanatory note

Original text. Later amendments are not shown.

(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.