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Version status: In force | Document consolidation status: Updated to reflect all known changes
Version date: 8 March 2021 - onwards
Version 4 of 4

Regulation 14 Default in sending out copies of accounts and reports

Section 425 applies to LLPs, modified so that it reads as follows -

"425. Default in sending out copies of accounts and reports: offence: offences

(1) If default is made in complying with section 423, an offence is committed by -

(a) the LLP, and

(b) every member of the LLP who is in default.

(2) A person guilty of an offence under this section is liable -

(a) on conviction on indictment, to a fine;

(b) on summary conviction, to a fine not exceeding the statutory maximum."