# The Partnerships (Unrestricted Size) No. 8 Regulations 1991, Note: Explanatory note


(This note is not part of the Regulations)
Section 716 of the Companies Act 1985 prohibits the formation of partnerships of more than 20 persons. These regulations exempt from that prohibition partnerships formed for the purpose of carrying on practice as lawyers which are multi-national partnerships within the meaning of the Courts and Legal Services Act 1990.

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Source: https://www.legislation.gov.uk/uksi/1991/2729/note (the official version)
Page: https://openlegislation.uk/partnerships-unrestricted-size-no-8-regulations-1991/note
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.