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The Limited Liability Partnerships (No. 2) Regulations 2002

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Regulation 3

SCHEDULEMODIFICATIONS TO PROVISIONS OF SECTIONS 723B - 723F of the 1985 Act in their application to limited liability partnerships

Provision of Part VIIModification
Section 723B (confidentiality orders)

In subsection (2)(a), for “a director, secretary or permanent representative of a relevant company” substitute “a member or designated member of a relevant limited liability partnership”.

In subsection (5), for “company” substitute “limited liability partnership” and for “a director, secretary or permanent representative” substitute “a member or a designated member”.

Section 723C (effect of confidentiality orders)

For subsection (1)(b), substitute “section 364 shall have effect in relation to each affected limited liability partnership of which the individual is a member or designated member as if the reference in subsection (b) of that section to the individual’s usual residential address were a reference to the address for the time being specified by the individual in relation to that limited liability partnership under section 723B(5) or subsection (7) below.”.

Omit subsection (6).

In subsection (7)(a), for “company of which he becomes a director, secretary or permanent representative” substitute “limited liability partnership of which he becomes a member or a designated member”.

In subsection (8), for “A company is an affected company” substitute “A limited liability partnership is an affected limited liability partnership”.

Section 723D (construction of sections 723B and 723C)

In subsection (1), for ““relevant company”” substitute ““relevant limited liability partnership””.

In subsection (1)(a) for “a company formed and registered under this Act or an existing company” substitute “a limited liability partnership formed and registered under the Limited Liability Partnerships Act 2000”; and delete the words “or (b) an oversea company”.

Omit subsection (2).

In subsection (4), omit ““director” and “secretary”, in relation to an oversea company, have the same meanings as in Chapter 1 of Part 23 of this Act;”.

In subsection (7), for “company” in the first place where it occurs substitute “limited liability partnership” and for “company or a company to which section 690A applies” substitute “limited liability partnership”.

Section 723F (Regulations under sections 723B to 723E)

Omit the words “In section 288 (register of directors and secretaries), after subsection (6) there shall be inserted—

“(7) Subsections (3) and (5) are subject to section 723B.”

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