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Limited Liability Partnerships Regulations 2001

S.I. 2001/1090 · Made 19 March 2001 · Extends to England, Wales and Scotland

Up to date with all changes known to legislation.gov.uk, revised to 16 February 2021.

PARTNERSHIP

LIMITED LIABILITY PARTNERSHIPS

Made 19th March 2001

Coming into force 6th April 2001

Whereas a draft of these Regulations has been approved by a resolution of each House of Parliament pursuant to section 17(4) of the Limited Liability Partnerships Act 2000f1;

Now, therefore, the Secretary of State, in exercise of the powers conferred on him by sections 14, 15, 16 and 17 of the Limited Liability Partnerships Act 2000 and all other powers enabling him in that behalf hereby makes the following Regulations:C1

Annotations to the whole text

Modifications

C1

Regulations extended (for specified purposes and with effect in accordance with art. 7(3) of the commencing S.I.) by Companies Act 2006 (c. 46), ss. 1286(1)(a), 1300(2); S.I. 2008/1886, art. 2(e) (with arts. 6, 7); S.I. 2008/2860, art. 3(z) (with arts. 7, 8, Sch. 2 para. 1)

Footnotes

f1

2000 c. 12.

Contents

  1. Part I: CITATION, COMMENCEMENT AND INTERPRETATION
  2. 1Citation and commencement
  3. 2Interpretation
  4. 2AApplication of provisions
  5. Part II: ACCOUNTS AND AUDIT
  6. 3Application of the accounts and audit provisions of the 1985 Act to limited liability partnerships Repealed
  7. Part III: COMPANIES ACT 1985 AND COMPANY DIRECTORS DISQUALIFICATION ACT 1986
  8. 4Application of certain provisions of the 1985 Act and of the provisions of the Company Directors Disqualification Act 1986 to limited liability partnerships
  9. Part IV: WINDING UP AND INSOLVENCY
  10. 5Application of the 1986 Act to limited liability partnerships
  11. Part V: FINANCIAL SERVICES AND MARKETS
  12. 6Application of provisions contained in Parts XV and XXIV of the 2000 Act to limited liability partnerships
  13. Part VI: DEFAULT PROVISION
  14. 7Default provision for limited liability partnerships
  15. 8Expulsion
  16. Part VII: MISCELLANEOUS
  17. 9General and consequential amendments
  18. 10Application of subordinate legislation
  19. Signature
  20. Schedule 1MODIFICATIONS TO PROVISIONS OF PART VII OF THE 1985 ACT APPLIED BY THESE REGULATIONS
  21. Schedule 2
  22. IMODIFICATIONS TO PROVISIONS OF THE 1985 ACT APPLIED TO LIMITED LIABILITY PARTNERSHIPS
  23. IIMODIFICATIONS TO THE COMPANY DIRECTORS DISQUALIFICATION ACT 1986
  24. Schedule 3MODIFICATIONS TO THE 1986 ACT
  25. Schedule 4Schedule 4
  26. Schedule 5: GENERAL AND CONSEQUENTIAL AMENDMENTS IN OTHER LEGISLATION
  27. The Bills of Sale Act (1878) Amendment Act 1882 c. 43
  28. 1Paragraph 1
  29. ...
  30. 2Paragraph 2 Repealed
  31. The Corporate Bodies' Contracts Act 1960 c. 46
  32. 3Paragraph 3
  33. The Criminal Justice Act 1967 c. 80
  34. 4Paragraph 4
  35. The Solicitors Act 1974 c. 47
  36. 5Paragraph 5
  37. The Sex Discrimination Act 1975 c. 65
  38. 6Paragraph 6
  39. The Race Relations Act 1976 c. 74
  40. 7Paragraph 7
  41. The Betting and Gaming Duties Act 1981 c. 63
  42. 8Paragraph 8
  43. The Companies Act 1985 c. 6
  44. 9Paragraph 9 Repealed
  45. The Business Names Act 1985 c. 7.
  46. 10Paragraph 10 Repealed
  47. 11Paragraph 11 Repealed
  48. The Administration of Justice Act 1985 c. 61
  49. 12Paragraph 12
  50. 13Paragraph 13
  51. 14Paragraph 14
  52. The Insolvency Act 1986 c. 45
  53. 15Paragraph 15
  54. The Building Societies Act 1986 c. 53
  55. 16Paragraph 16
  56. The Courts and Legal Services Act 1990 c. 41
  57. 17Paragraph 17
  58. The Employment Rights Act 1996 c. 18
  59. 18Paragraph 18
  60. 19Paragraph 19
  61. The Contracts (Rights of Third Parties) Act 1999 c. 31
  62. 20Paragraph 20
  63. The Financial Services and Markets Act 2000 c. 8
  64. 21Paragraph 21
  65. Culpable officer provisions
  66. 22Paragraph 22
  67. Schedule 6: APPLICATION OF SUBORDINATE LEGISLATION
  68. Part: Part I Regulations made under the 1985 Act
  69. 1Paragraph 1 Repealed
  70. 2Paragraph 2 Repealed
  71. 3Paragraph 3 Repealed
  72. 4Paragraph 4 Repealed
  73. 5Paragraph 5 Repealed
  74. 6Paragraph 6 Repealed
  75. 7Paragraph 7
  76. Part: Part II Regulations made under the 1986 Act
  77. 1Paragraph 1
  78. 2Paragraph 2
  79. 3Paragraph 3
  80. 4Paragraph 4
  81. 5Paragraph 5
  82. 6Paragraph 6
  83. 7Paragraph 7
  84. 8Paragraph 8
  85. 9Paragraph 9 Repealed
  86. 10Paragraph 10
  87. 11Paragraph 11
  88. Part: Part III Regulations made under other legislation
  89. 1Paragraph 1 Repealed
  90. 2Paragraph 2
  91. 3Paragraph 3
  92. 4Paragraph 4
  93. 5Paragraph 5
  94. 6Paragraph 6
  95. 7Paragraph 7
  96. Schedule 7: TRANSITIONAL AND SAVINGS PROVISIONS
  97. 1Interpretation
  98. 2Amendments to the 2016 Rules made by the Insolvency Amendment (EU 2015/848) Regulations 2017 do not apply where proceedings opened before commencement date
  99. 3Requirement for office-holder to provide information to creditors on opting out
  100. 4Electronic communication
  101. 5Statements of affairs
  102. 6Savings in respect of meetings taking place on or after the commencement date and resolutions by correspondence
  103. 7Savings in respect of final meetings taking place on or after the commencement date
  104. 8Progress reports and statements to the registrar of companies
  105. 9Foreign currency
  106. 10CVA moratoria
  107. 11Priority of expenses of voluntary arrangements
  108. 12General powers of liquidator
  109. 13Applications before the court
  110. 14Forms
  111. 15Administrations commenced before 15th September 2003
  112. 16Set-off in insolvency proceedings commenced before 1st April 2005
  113. 17Calculating the value of future debts in insolvency proceedings commenced before 1st April 2005
  114. 18Insolvency practitioner fees and expenses estimates
  115. 19Transitional provision for limited liability partnerships entering administration before 6th April 2010 and moving to voluntary liquidation between 6th April 2010 and commencement (inclusive of those dates)
  116. Explanatory note