Amendment of the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) RegulationsI131

1

The Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 200838 are amended in accordance with paragraphs (2) to (5).

2

In regulation 5 (LLPs subject to the small LLPs regime), in modified section 38439 of the Companies Act (LLPs excluded from the small LLPs regime)—

a

in subsection (1)(b)(iii) after “Act 2017” insert “or section 39(1) of the Pension Schemes Act (Northern Ireland) 2021”;

b

in subsection (2)(f) after “Act 2017” insert “or section 39(1) of the Pension Schemes Act (Northern Ireland) 2021”.

3

In regulation 26 (medium-sized LLPs), in modified section 46740 of the Companies Act (LLPs excluded from being treated as medium-sized)—

a

in subsection (1)(b)(iii) after “Act 2017” insert “or section 39(1) of the Pension Schemes Act (Northern Ireland) 2021”;

b

in subsection (2)(f) after “Act 2017” insert “or section 39(1) of the Pension Schemes Act (Northern Ireland) 2021”.

4

In regulation 34 (exemption from audit: small LLPs), in modified section 478(b)(iii)41 of the Companies Act (LLPs excluded from small LLPs exemption) after “Act 2017” insert “or section 39(1) of the Pension Schemes Act (Northern Ireland) 2021”.

5

In regulation 34A42 (exemption from audit: qualifying subsidiaries), in modified section 479B(a)(iii)43 of the Companies Act (LLPs excluded from the subsidiary LLPs audit exemption) after “Act 2017” insert “or section 39(1) of the Pension Schemes Act (Northern Ireland) 2021”.