29. Section 471 applies to LLPs, modified so that it reads as follows—
471.—(1) In this Part an LLP's “annual accounts”, in relation to a financial year, means—
[F1(a)any individual accounts prepared by the LLP for that year (see section 394), and]
(b)any group accounts prepared by the LLP for that year (see sections 398 and 399).
This is subject to section 408 (option to omit individual profit and loss account from annual accounts where information given in group accounts).
(2) In this Part an LLP's “annual accounts and auditor's report” for a financial year are—
(a)its annual accounts,
(b)the auditor's report on those accounts (unless the LLP is exempt from audit).”
Textual Amendments
F1Words in reg. 29 substituted (with application in accordance with reg. 2 of the amending S.I.) by The Companies and Limited Liability Partnerships (Accounts and Audit Exemptions and Change of Accounting Framework) Regulations 2012 (S.I. 2012/2301), regs. 1, 20(10)