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The Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008
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- UK Statutory Instruments
- 2008 No. 1911
- PART 11
- Regulation 37
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There are currently no known outstanding effects for the The Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008, Section 37.
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Fixing of auditor remunerationU.K.
This section has no associated Explanatory Memorandum
37. Section 492 applies to LLPs, modified so that it reads as follows—
“Fixing of auditor's remuneration
492.—(1) The remuneration of an auditor appointed by the LLP must be fixed by the designated members or in such manner as the members of the LLP may determine.
(2) The remuneration of an auditor appointed by the Secretary of State must be fixed by the Secretary of State.
(3) For the purposes of this section “remuneration” includes sums paid in respect of expenses.
(4) This section applies in relation to benefits in kind as to payments of money.”
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