The Accounts and Reports (Amendment) (EU Exit) Regulations 2019

The Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008

13.  In regulation 5A (LLPs qualifying as micro-entities)(1), in the modified version of section 384B(1) applied by that regulation (LLPs excluded from being treated as micro-entities)—

(a) in the opening words omit “was”;

(b) at the beginning of paragraph (a) insert “was”;

(c) in paragraph (b)—

(i) at the beginning insert “would have been”;

(ii) at the end before the comma insert “were the United Kingdom a member State”;

(d) in paragraph (c)—

(i) at the beginning insert “would have been”;

(ii) at the end before the comma insert “were the United Kingdom a member State”;

(e) in paragraph (d), for the words from “other than one” to the end substitute “which is a CRR firm within the meaning of Article 4(1)(2A) of that Regulation,”;

(f) in paragraph (e)—

(i) at the beginning insert “would have been”; and

(ii) at the end insert “were the United Kingdom a member State”.

(1)

Regulation 5A was inserted by S.I. 2016/575.