7. Sections 51 and 52 apply to LLPs, modified so that they read as follows—
51.—(1) A contract that purports to be made by or on behalf of an LLP at a time when the LLP has not been formed has effect, subject to any agreement to the contrary, as one made with the person purporting to act for the LLP or as agent for it, and he is personally liable on the contract accordingly.
(2) Subsection (1) applies—
(a)to the making of a deed under the law of England and Wales or Northern Ireland, and
(b)to the undertaking of an obligation under the law of Scotland,
as it applies to the making of a contract.
52. A bill of exchange or promissory note is deemed to have been made, accepted or endorsed on behalf of an LLP if made, accepted or endorsed in the name of, or by or on behalf or on account of, the LLP by a person acting under its authority.”.