1990 No. 1580
The Limited Partnerships (Unrestricted Size) No. 2 Regulations 1990
Made
Coming into force
The Secretary of State, in exercise of the power conferred on him by sections 717(1)(d) and 744 of the Companies Act 19851, hereby makes the following Regulations:
1
These Regulations may be cited as the Limited Partnerships (Unrestricted Size) No. 2 Regulations 1990, and shall come into force on 21st August 1990.
2
1
So much of the Limited Partnerships Act 19072 as provides that a limited partnership shall not consist of more than twenty persons shall not apply to a partnership carrying on business as insurance brokers and consisting of persons each of whom is a registered insurance broker or an enrolled body corporate.
2
In these Regulations, “registered insurance broker” and “enrolled” have the meanings given in section 29(1) of the Insurance Brokers (Registration) Act 19773.
(This note does not form part of the Regulations)