PART 10Consequential amendments, transitional provision, and review

Transitional provision in relation to regulations 78 and 7980

1

Where as a result of the amendment made by regulation 78 and 79 an eligible Scottish partnership is a registrable relevant legal entity in relation to a company or a limited liability partnership on the commencement day, the date on which the eligible Scottish partnership became a registrable relevant legal entity is the commencement day.

2

Where as a result of the amendment made by regulation 79 or 80 a relevant change occurs such that, with effect from the commencement day—

a

an individual ceases to be a registrable person, or

b

a legal entity ceases to be a registrable relevant legal entity,

the date of the relevant change is the commencement day.

3

In paragraph (1), “limited liability partnership” means a limited liability partnership incorporated under the Limited Liability Partnerships Act 2000(24);