PART 3Amendments to the Small Limited Liability Partnerships (Accounts) Regulations 2008
Amendments to Schedule 5 (general interpretation)I145
In Schedule 5 (general interpretation)—
a
for paragraph 2(1) (definitions of financial instruments) substitute—
1
The expressions listed in sub-paragraph (2) have the same meaning as they have in Directive 2013/34/EU of 26 June 2013 on the annual financial statements etc. of certain types of undertakings43.
b
in paragraph 8(5) (participating interests)—
i
before “Part 1 of Schedule 1” insert “Section B of”; and
ii
omit “and Part 1 of Schedule 3”; and
c
in paragraph 12(3) (staff costs), for “the LLP’s profit and loss account” substitute “the profit and loss account Format 2 in Section B of Part 1 of Schedule 1”.