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Limited Liability Partnerships Act 2000

Limited Liability Partnerships Act 2000

2000 CHAPTER 12

Commentary on Sections

Membership

Section 7: Ex-members

This concerns the situation where a person ceases to be a member of an LLP, or his interest in the LLP is transferred to another person. A former member, the member’s personal representatives, the member’s trustee in bankruptcy or liquidator or the trustees under the trust deed for the benefit of his creditors or assignee may not interfere with the management or administration of the LLP, but may receive any amount to which they are entitled.

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