(1) Regulation 11 (information to be given in notes to accounts) is amended as follows.

(2) For "Section 409 to 411 [ Section 410 of the Companies Act 2006 (c.46) was repealed by S.I. 2015/980, regulation 5(1) and (13).] apply to LLPs" substitute "Sections 409, 410A and 411 apply to LLPs".

(3) Omit section 410 (information about related undertakings: alternative compliance).

(4) In section 410A (information about off-balance sheet arrangements) -

(a) for subsection (1) substitute -

"(1) If in any financial year -

(a) an LLP is or has been party to arrangements that are not reflected in its balance sheet, and

(b) at the balance sheet date the risks or benefits arising from those arrangements are material,

the information required by this section must be given in the notes to the LLP's annual accounts."; and

(b) for subsection (4) substitute -

"(4) If the LLP is subject to the small LLPs regime in relation to the financial year (see section 381), it need not comply with subsection (2)(b).".