Finance Act 2009

This section has no associated Explanatory Notes

12(1)Paragraph 22 (companies: officers' liability) is amended as follows.U.K.

(2)In sub-paragraph (3)—

(a)after “a body corporate” insert “ other than a limited liability partnership ”,

(b)in paragraph (a), omit the “or” at the end,

(c)after that paragraph insert—

(aa)a manager, and.

(3)After that sub-paragraph insert—

(3A)In the application of sub-paragraph (1) to a limited liability partnership, “officer” means a member.

(4)Insert at the end—

(6)In this paragraph “company” means any body corporate or unincorporated association, but does not include a partnership, a local authority or a local authority association.