SCHEDULE 1FURTHER MODIFICATIONS TO PROVISIONS OF PART 7 OF THE 1985 ACT APPLIED TO LIMITED LIABILITY PARTNERSHIPS

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For the entry relating to subsection (1) of section 242 of the 1985 Act (accounts and reports to be delivered to registrar)18 substitute—

subsection (1)

  1. a

    For the words “The directors of a company” substitute “The designated members of a limited liability partnership”,

  2. b

    omit paragraphs (b), (ba) and (c),

  3. c

    in paragraph (d), omit from “and that directors' report” to the end, and

  4. d

    for “the directors must annex” substitute “the designated members must annex”.