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Amendments to the Limited Liability Partnerships Bill [H.L.]

Limited Liability Partnerships Bill [H.L.] -
Amendments to be debated in the House of Lords

Here you can browse the Amendments to the Limited Liability Partnerships Bill [H.L.] to be moved on Report in the House of Lords.

  
Clause 1
 
  
BY THE LORD GOODHART
THE LORD PHILLIPS OF SUDBURY
THE LORD SHARMAN
 
     Page 1, line 20, leave out subsection (5) and insert--
 
    ("(5)  The following provisions of the Partnerships Act 1890 shall apply to limited liability partnerships--
    (a)  section 19,
    (b)  section 24,
    (c)  section 25,
    (d)  section 28,
    (e)  section 29,
    (f)  section 30,
    (g)  section 32,
    (h)  section 35.
    (5A)  For the purposes of subsection (5), the sections of the Partnership Act 1890 mentioned in that subsection shall apply as if--
    (a)  references to a firm or partnership were references to a limited liability partnership,
    (b)  references to a partner were references to a member of a limited liability partnership, and
    (c)  references to the dissolution of a partnership were references to the winding-up of a limited liability partnership.")
 
  
After Clause 3
 
  
BY THE LORD GOODHART
THE LORD PHILLIPS OF SUDBURY
THE LORD SHARMAN
 
     Insert the following new Clause-- 
     ("  .  A limited liability partnership may, in accordance with regulations made under section 13, be wound up by the court on the petition of the Secretary of State or a member of the limited liability partnership if--
    (a)  it has not for a period exceeding 12 months carried on a lawful business with a view to profit, or
    (b)  its sole or main activity is an activity which is not the carrying-on of a lawful business with a view to profit.")
Winding-up of a limited liability partnership for inactivity or inappropriate activity.
 
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