Sections 414A, 414C and 414D apply to LLPs, modified so that they read as follows -

"414A Duty to prepare strategic report

(1) The members of an LLP which is -

(a) a traded LLP, or

(b) a banking LLP,

must prepare a strategic report for each financial year of the LLP.

(2) For a financial year in which -

(a) the LLP is a parent LLP, and

(b) the members of the LLP prepare group accounts,

the strategic report must be a consolidated report (a "group strategic report") relating to the undertakings included in the consolidation.