Finance Act 2009

7 (1) Paragraph 19 (companies: officers' liability) is amended as follows.

(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, and

(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.”