Limited Liability Partnerships Act 2000

14 Insolvency and winding up. E+W+S

(1) Regulations shall make provision about the insolvency and winding up of limited liability partnerships by applying or incorporating, with such modifications as appear appropriate [F1 —

(a) in relation to a limited liability partnership registered in Great Britain, [F2 Parts A1] to 4, 6 and 7 of the Insolvency Act 1986;

(b) in relation to a limited liability partnership registered in Northern Ireland, [F3 Parts 1A] to 5 and 7 of the Insolvency (Northern Ireland) Order 1989, and so much of Part 1 of that Order as applies for the purposes of those Parts.]

(2) Regulations may make other provision about the insolvency and winding up of limited liability partnerships, and provision about the insolvency and winding up of oversea limited liability partnerships, by—

(a) applying or incorporating, with such modifications as appear appropriate, any law relating to the insolvency or winding up of companies or other corporations which would not otherwise have effect in relation to them, or

(b) providing for any law relating to the insolvency or winding up of companies or other corporations which would otherwise have effect in relation to them not to apply to them or to apply to them with such modifications as appear appropriate.

(3) In this Act “oversea limited liability partnership” means a body incorporated or otherwise established outside [F4 the United Kingdom] and having such connection with [F4 the United Kingdom], and such other features, as regulations may prescribe.

Textual Amendments

F1 Words in s. 14(1) substituted (9.7.2009 for specified purposes, 1.10.2009 in so far as not already in force) by The Limited Liability Partnerships (Application of Companies Act 2006) Regulations 2009 (S.I. 2009/1804), reg. 2(2)(3), Sch. 3 para. 6(2) (with Sch. 3 para. 11)

F2 Words in s. 14(1)(a) substituted (26.6.2020) by Corporate Insolvency and Governance Act 2020 (2020 c. 12), s. 49(1), Sch. 3 para. 36 (with ss. 2(2), 5(2))

F3 Words in s. 14(1)(b) substituted (26.6.2020) by Corporate Insolvency and Governance Act 2020 (2020 c. 12), s. 49(1), Sch. 7 para. 31 (with ss. 2(2), 5(2))

F4 Words in s. 14(3) substituted (9.7.2009 for specified purposes, 1.10.2009 in so far as not already in force) by The Limited Liability Partnerships (Application of Companies Act 2006) Regulations 2009 (S.I. 2009/1804), reg. 2(2)(3), Sch. 3 para. 6(3) (with Sch. 3 para. 11)

Modifications etc. (not altering text)

C1 S. 14(1) extended (26.6.2020) by Corporate Insolvency and Governance Act 2020 (2020 c. 12), s. 49(1), Sch. 4 para. 91 (with ss. 2(2), 5(2))

C2 S. 14(1) extended (26.6.2020) by Corporate Insolvency and Governance Act 2020 (2020 c. 12), s. 49(1), Sch. 8 para. 55 (with ss. 2(2), 5(2))

C3 Ss. 14(2)(a), 16, 17(1)(2)(3) functions exercisable concurrently (E.W.S.) (9.2.2018) by The Scotland Act 1998 (Insolvency Functions) Order 2018 (S.I. 2018/174), arts. 1(1), 5(1)(3)(c)(5) (with art. 6(2))

C4 Ss. 14(2)(a), 16, 17(1)(2)(3) functions exercisable concurrently (E.W.S.) (9.2.2018) by The Scotland Act 1998 (Insolvency Functions) Order 2018 (S.I. 2018/174), arts. 1(1), 2(1)(3)(c)(5) (with art. 6(1))