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Version status: In force | Document consolidation status: Updated to reflect all known changes
Version date: 4 March 2024 - onwards
Version 2 of 2

Regulation 17ZC Disqualified member

Amendments (requiring commencement) by reg. 4 of the Limited Liability Partnerships (Application of Company Law) (No. 2) Regulations 2024 [SI 2024 No. 1078], published 29 October 2024.

Section 159A applies to LLPs, modified so that it reads as follows -

"159A Disqualified person cannot become a member of an LLP

(1) A person may not become a member of an LLP if the person is disqualified under the directors disqualification legislation (see subsection (2)).

(2) In the table -

(a) Part 1 defines "disqualified under the directors disqualification legislation" for the purposes of provisions of this Act so far as relating to -

(i) an company registered in England and Wales or Scotland, or

(ii) the delivery of a document to the registrar of companies for England and Wales or Scotland or a statement contained in such a document;

(b) Part 2 defines "disqualified under the directors disqualification legislation" for the purposes of provisions of this Act so far as relating to -

(i) an company registered in Northern Ireland, or

(ii) the delivery of a document to the registrar of companies for Northern Ireland or a statement contained in such a document.

For those purposes a person (P) is disqualified under the directors disqualification legislation if: