Effect of restoration to the register where property has vested as bona vacantia
This section has no associated Explanatory Memorandum
26.—(1) Section 1034 of the Companies Act 2006 (effect of restoration to the register where property has vested as bona vacantia), as applied to LLPs by regulation 58, applies whenever the LLP was dissolved.
(2) The following provisions apply where the LLP was dissolved before 1st October 2009.
(3) The reference in section 1034(1) to section 1012 (property of dissolved LLP to be bona vacantia) shall be read as a reference to section 654 of the 1985 Act or Article 605 of the 1986 Order as applied to LLPs.
(4) No deduction is to be made under section 1034(3) (deduction of reasonable costs of Crown representative from amount payable to LLP) as applied to LLPs from consideration realised before 1st October 2009.