PART 3 U.K.Registration of Scottish qualifying partnerships

Effect of a partnership ceasing to be a Scottish qualifying partnershipU.K.

8.—(1) Subject to paragraph (2), a partnership which has ceased to be a Scottish qualifying partnership must deliver to the registrar within the period of 14 days beginning with the day it ceases to be a Scottish qualifying partnership a notice stating—

(a)that it has ceased to be a Scottish qualifying partnership, and

(b)the date on which it ceased to be a Scottish qualifying partnership.

(2) If the partnership ceases to be a qualifying partnership due to its dissolution, the former partners must deliver the notice in paragraph (1) to the registrar.

(3) A partnership which has delivered a notice under this regulation is not required to deliver to the registrar any notice in relation to any change or occurrence occurring after the day specified in the notice in paragraph (1)(b) under—

(a)regulation 7 (notification of changes to the registration information);

(b)Part 5 (duty to deliver information to the registrar); or

(c)Part 6 (confirmation statement).

(4) If a partnership which has delivered a notice under paragraph (1) subsequently becomes a Scottish qualifying partnership, the partnership—

(a)must register under regulation 5 (duty on Scottish qualifying partnerships to register) to receive a new registration number; and

(b)is not required to comply with regulation 11 (duty to keep information up to date) and 20 (duty to deliver information about a relevant change) in relation to any period during which it is not a Scottish qualifying partnership.

Modifications etc. (not altering text)

C1Reg. 8: power to modify conferred (temp.) (26.6.2020) by Corporate Insolvency and Governance Act 2020 (c. 12), ss. 39(1), 40(f), 49(1) (with ss. 2(2), 5(2), 39(8)(9))