PART 3Amendments to the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008

Amendment of regulation 59 (review)25

1

Regulation 59 is amended as follows.

2

In paragraph (1), for sub-paragraph (a), substitute —

a

carry out a review, respectively, of the regulatory provision contained in these Regulations to which amendments have been made by—

i

Part 2 of the Limited Liability Partnerships, Partnerships and Groups (Accounts and Audit) Regulations 201621 (“the 2016 Regulations”),

ii

Schedule 3 to the Statutory Auditors Regulations 201722, and

iii

Part 3 of the Companies (Directors’ Report) and Limited Liability Partnerships (Energy and Carbon Report) Regulations 2018 (“the 2018 Regulations”),

3

In paragraph (1)(b)—

a

for “the review”, substitute “each review”;

b

before “report”, insert “separate”.

4

For paragraph (3), substitute—

3

The first report under—

a

paragraph (1)(a)(i) and (ii) must be published before the end of the period of 5 years beginning with the date on which the 2016 Regulations come into force;

b

paragraph (1)(a)(iii) must be published before the end of the period of 5 years beginning with the date on which the 2018 Regulations come into force.