Limited Liability Partnerships Act 2000

JurisdictionUK Non-devolved
(1) There shall be a new form of legal entity to be known as a limited liability partnership.in the following provisions of this Act (except in the phrase “oversea limited liability partnership”) , andin any other enactment (except where provision is made to the contrary or the context otherwise requires) ,(3) A limited liability partnership has unlimited capacity.(4) The members of a limited liability partnership have such liability to contribute to its assets in the event of its being wound up as is provided for by virtue of this Act.(5) Accordingly, except as far as otherwise provided by this Act or any other enactment, the law relating to partnerships does not apply to a limited liability partnership.(6) The Schedule (which makes provision about the names and registered offices of limited liability partnerships) has effect.two or more persons associated for carrying on a lawful business with a view to profit must have subscribed their names to an incorporation document,the incorporation document or a copy of it must have been delivered to the registrar, andthere must have been so delivered a statement . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .state the name of the limited liability partnership,state whether the registered office of the limited liability partnership is to be situated in England and Wales, in Wales F13, in Scotland or in Northern Ireland,state the address of that registered office,give the required particulars of each of the persons who are to be members of the limited liability partnership on incorporation, F35andeither specify which of those persons are to be designated members or state that every person who from time to time is a member of the limited liability partnership is a designated memberF36and.(g) include a statement of initial significant control.(2ZA) (2A) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .(2B) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .knows to be false, ordoes not believe to be true,on summary conviction, to imprisonment for a period not exceeding six months or a fine not exceeding the statutory maximum, or to both, oron conviction on indictment, to imprisonment for a period not exceeding two years or a fine, or to both.register the documents delivered under that section, andgive a certificate that the limited liability partnership is incorporated.the name and registered number of the limited liability partnership,the date of its incorporation, andwhether the limited liability partnership’s registered office is situated in England and Wales (or in Wales) , in Scotland or in Northern Ireland.(2) The registrar may accept the statement delivered under paragraph (c) of subsection (1) of section 2 as sufficient evidence that the requirement imposed by paragraph (a) of that subsection has been complied with.(3) The certificate shall either be signed by the registrar or be authenticated by his official seal.(4) The certificate is conclusive evidence that the requirements of section 2 are complied with and that the limited liability partnership is incorporated by the name specified in the incorporation document.

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