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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 Marshalled List of Amendments to the Limited Liability Partnerships Bill [H.L.] to be moved on Third Reading in the House of Lords.

 [Amendments marked * are new or have been altered] 
Amendment
No.
 
  
Clause 4
 
  
BY THE LORD GOODHART
THE LORD PHILLIPS OF SUDBURY
THE LORD SHARMAN
 
1     Page 3, line 7, at end insert--
 
    ("(  )  A person shall cease to be a member of a limited liability partnership on--
    (a)  death;
    (b)  commencement of winding up;
    (c)  becoming bankrupt or having his estate sequestrated; or
    (d)  granting a trust deed for the benefit of his creditors.")
 
2     Page 3, line 9, leave out ("(as well as by death or dissolution)") 
  
Clause 5
 
  
BY THE LORD GOODHART
THE LORD PHILLIPS OF SUDBURY
THE LORD SHARMAN
 
3     Page 3, line 23, at end insert--
 
    ("(  )  Subject to any agreement between the members, or the limited liability partnership and its members, a person who ceases to be a member of a limited liability partnership shall be entitled to receive from the limited liability partnership an amount equal to the value of his share in the capital and profits of the limited liability partnership immediately before he ceased to be a member (but taking into account any reductions in that value resulting from his ceasing to be a member).")
 
  
Clause 7
 
  
BY THE LORD GOODHART
THE LORD PHILLIPS OF SUDBURY
THE LORD SHARMAN
 
4     Page 4, line 5, leave out from ("partnership") to ("has") in line 10 
5     Page 4, line 12, leave out ("former") 
6     Page 4, line 13, leave out paragraphs (a) to (c) 
7     Page 4, line 20, leave out ("former member, or") 
 
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