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The Limited Liability Partnerships (Application of Companies Act 2006) Regulations 2009

Draft Legislation:

This is a draft item of legislation. This draft has since been made as a UK Statutory Instrument: The Limited Liability Partnerships (Application of Companies Act 2006) Regulations 2009 No. 1804

PART 14OVERSEAS LLPS

Trading disclosures

59.  Section 1051 applies to LLPs, modified so that it reads as follows—

“Trading disclosures

1051.—(1) The following provisions of Part 7 of the Overseas Companies Regulations 2009 (S.I. 2009/[ ]) (trading disclosures) apply to LLPs—

(a)regulation 58(2);

(b)regulation 59;

(c)regulations 61 and 62;

(d)regulation 66;

(e)regulation 67(1) and (2).

(2) As those provisions apply to LLPs—

(a)for references to an overseas company substitute references to an overseas LLP;

(b)for references to an officer of a company substitute references to a member of an LLP;

(c)for regulation 61(1) substitute—

“(1) Every overseas LLP must display the name of the LLP and the country in which it is incorporated or otherwise established at every location where it carries on business in the United Kingdom.”;

(d)for the introductory words to regulation 62 substitute—

“Every overseas LLP must state the LLP’s name and the country in which it is incorporated on all—”.

(3) For the purposes of paragraph (2)(a) above, “overseas LLP” means a body incorporated or otherwise established outside the United Kingdom whose name under its law of incorporation or establishment includes (or when translated into English includes) the words “limited liability partnership” or the abbreviation “llp” or “LLP”.”.

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