Limited Liability Partnerships (Amendment) Regulations (Northern Ireland) 2006

Citation, commencement and interpretation

1.—(1) These Regulations may be cited as the Limited Liability Partnerships (Amendment) Regulations (Northern Ireland) 2006 and shall come into operation on 1^st October 2006 (“the commencement date”).

(2) Regulation 2 has effect as respects financial years which begin on or after 1^st January 2006 and which end on or after the commencement date.

(3) In these Regulations—

“the 1986 Order” means the Companies (Northern Ireland) Order 1986(1)

“the 1989 Order” means the Insolvency (Northern Ireland) Order 1989(2), and

“the principal regulations” means the Limited Liability Partnerships Regulations (Northern Ireland) 2004(3).

Amendment of Schedule 1 to the principal regulations (accounts and audit)

2.  Schedule 1 to the principal regulations (modifications to provisions of Part VIII of the 1986 Order as applied to limited liability partnerships) is amended in accordance with Schedule 1.

Amendment of Schedule 3 to the principal regulations (insolvency)

3.  Schedule 3 to the principal regulations (modifications to provisions of the 1989 Order as applied to limited liability partnerships) is amended in accordance with Schedule 2 to these Regulations.

Transitional provision

4.  In a case where a petition for an administration order has been presented before the commencement date, the amendments to the principal regulations made by regulation 3 shall have no effect.

Sealed with the Official Seal of the Department of Enterprise, Trade and Investment on 15th September 2006

M Bohill

A senior officer of the

Department of Enterprise, Trade and Investment