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PART 3U.K.Amendments in relation to LLPs

Amendment of regulation 31BU.K.

24.—(1) Regulation 31B (key terms) is amended as follows.

(2) In paragraph (3), in the modification of section 790C(7) of the Companies Act—

(a)for paragraph (b), substitute “it has voting shares admitted to trading on a regulated market which is situated in an EEA State”, and

(b)in paragraph (c) omit sub-paragraph (i).

(3) In paragraph (6)—

(a)in the inserted section 790C(12A), for “(6) and (8)”, substitute “(6A) and (10)”,

(b)in the inserted section 790C(12C) omit “(or, in relation to a legal entity which is not a company or an undertaking, interests equivalent to shares)”, and

(c)after the inserted section 790C(12D) insert—

(12E) “Regulated market” has the same meaning as in section 1173 of the Companies Act 2006.

Commencement Information

I1Reg. 24 in force at 26.6.2017, see reg. 2