SCHEDULE 1TRANSITIONAL PROVISIONS: APPLICATION OF PROVISIONS OF COMPANIES ACT 2006

PART 2FORMALITIES OF DOING BUSINESS

Execution of deeds etc2

1

Section 47 of the Companies Act 2006 (execution of deeds or other documents by attorney), as applied to LLPs by regulation 4, applies where the instrument empowering a person to act as an LLP's attorney is executed on or after 1st October 2009.

2

Section 38 of the 1985 Act or Article 48 of the 1986 Order, as applied to LLPs, continues to have effect where the power to act as an LLP's attorney was conferred before that date (including in relation to instruments executed by the attorney on behalf of the LLP on or after that date).