The Government has published its response to the consultation on the application of the Companies Act (2006) to limited liability partnerships (LLPs). The Government proposes to apply to LLPs those provisions of the 2006 Act which correspond to those provisions in the Companies Act (1985) that were applied to LLPs, with modifications where needed. More detailed proposals are contained in the Government's response, including one for two sets of regulations governing the form and content of LLP accounts (one for small LLPs and another for medium and large LLPs).
UK: the application of the Companies Act (2006) to limited liability partnerships
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companies act 1985,
companies act 2006,
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The Government has published its response to the consultation on the application of the Companies Act (2006) to limited liability partnerships (LLPs). The Government proposes to apply to LLPs those provisions of the 2006 Act which correspond to those provisions in the Companies Act (1985) that were applied to LLPs, with modifications where needed. More detailed proposals are contained in the Government's response, including one for two sets of regulations governing the form and content of LLP accounts (one for small LLPs and another for medium and large LLPs).
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