Regulation 21 Prohibition

A person may not be an owner unless it—

Regulation 15(3) applies to a contravention of the prohibition in paragraph (1) as it applies to a contravention of the prohibition in regulation 15(1) or (2).

In paragraph (1)—

• “company” has the meaning given by section 735 of the Companies Act 1985 (“company” etc) and article 3 of the Companies (Northern Ireland) Order 1986 (“company” etc) until the coming into force of section 1 of the 2006 Act (companies) when it will have the meaning given by that section;

• “limited liability partnership” has the meaning given —

  1. (a)

     in relation to Great Britain, by section 1 of the Limited Liability Partnerships Act 2000 (limited liability partnerships); and

  2. (b)

     in relation to Northern Ireland, by section 1 of the Limited Liability Partnerships Act (Northern Ireland) 2002 (limited liability partnerships) until the coming into force of section 1286 of the 2006 Act (extension of GB enactments relating to certain other forms of business organisation), when it will have the meaning given by section 1 of the Limited Liability Partnerships Act 2000.