Parliamentary procedure for regulations under section 468473

1

This section applies to regulations under section 468 (general power to make further provision about accounts).

2

Any such regulations may make consequential amendments or repeals in other provisions of this Act, or in other enactments.

3

Regulations that—

a

restrict the classes of LLP which have the benefit of any exemption, exception or special provision,

b

require additional matter to be included in a document of any class, or

c

otherwise render the requirements of this Part more onerous,

are subject to affirmative resolution procedure.

4

Otherwise, the regulations are subject to negative resolution procedure.