Regulation 8 Amendment to the Limited Liability Partnerships (Reporting on Payment Practices and Performance) Regulations 2017

The Limited Liability Partnerships (Reporting on Payment Practices and Performance) Regulations 2017^f1 are amended as follows.

In regulation 10, for “The Schedule” substitute “Schedule 1”.

After regulation 10, insert—

“Application of the Principal Regulations to limited liability partnerships (qualifying construction contracts)

10A

Schedule 2 to the Principal Regulations (information in relation to qualifying construction contracts) shall be read as if—

(a)

the word “company” and “company’s” wherever they appear were “LLP” and “LLP’s”;

(b)

in paragraph 12, the reference to the “director” were to the “designated member”.”.