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Thursday, September 6, 2012

Limited Liability Partnership Act, 2000


SCHEDULES
NAMES
Index of names
1. In section 714(1) of the Companies Act 1985 (index of names), after paragraph (d)
insert-
“(da) limited liability partnerships incorporated under the Limited Liability Partnerships
Act 2000,”.
Name to indicate status
2. - (1) The name of a limited liability partnership must end with-
(a) the expression “limited liability partnership”, or
(b) the abbreviation “llp” or “LLP”.
(2) But if the incorporation document for a limited liability partnership states that
the registered office is to be situated in Wales, its name must end with-
(a) one of the expressions “limited liability partnership” and “partneriaeth
atebolrwydd cyfyngedig”, or
(b) one of the abbreviations “llp”, “LLP”, “pac” and “PAC”.
Registration of names
3. - (1) A limited liability partnership shall not be registered by a name-
(a) which includes, otherwise than at the end of the name, either of the
expressions “limited liability partnership” and “partneriaeth
atebolrwydd cyfyngedig” or any of the abbreviations “llp”, “LLP”,
“pac” and “PAC”,
(b) which is the same as a name appearing in the index kept under section
714(1) of the Companies Act 1985,
(c) the use of which by the limited liability partnership would in the opinion
of the Secretary of State constitute a criminal offence, or
(d) which in the opinion of the Secretary of State is offensive.
(2) Except with the approval of the Secretary of State, a limited liability partnership
shall not be registered by a name which-
(a) in the opinion of the Secretary of State would be likely to give the
impression that it is connected in any way with Her Majesty’s Government
or with any local authority, or
COMMERCIAL & INDUSTRIAL LAWS A 333
(b) includes any word or expression for the time being specified in regulations
under section 29 of the Companies Act 1985 (names needing
approval), and in paragraph (a) “local authority” means any local
authority within the meaning of the Local Government Act 1972 or the
Local Government etc. (Scotland) Act 1994, the Common Council of
the City of London or the Council of the Isles of Scilly.
Change of name
4. - (1) A limited liability partnership may change its name at any time.
(2) Where a limited liability partnership has been registered by a
name which-
(a) is the same as or, in the opinion of the Secretary of State, too like a
name appearing at the time of registration in the index kept under
section 714(1) of the Companies Act 1985, or
(b) is the same as or, in the opinion of the Secretary of State, too like a
name which should have appeared in the index at that time, the
Secretary of State may within twelve months of that time in writing
direct the limited liability partnership to change its name within such
period as he may specify.
(3) If it appears to the Secretary of State-
(a) that misleading information has been given for the purpose of the
registration of a limited liability partnership by a particular name, or
(b) that undertakings or assurances have been given for that purpose and
have not been fulfilled, he may, within five years of the date of its
registration by that name, in writing direct the limited liability partnership
to change its name within such period as he may specify.
(4) If in the Secretary of State’s opinion the name by which a limited liability partnership
is registered gives so misleading an indication of the nature of its
activities as to be likely to cause harm to the public, he may in writing direct the
limited liability partnership to change its name within such period as he may
specify.
(5) But the limited liability partnership may, within three weeks from the date of
the direction apply to the court to set it aside and the court may set the direction
aside or confirm it and, if it confirms it, shall specify the period within
which it must be complied with.
(6) In sub-paragraph (5) “the court” means-
(a) if the registered office of the limited liability partnership is situated in
England and Wales or in Wales, the High Court, and
OTHER LAWS
A 334 COMMERCIAL & INDUSTRIAL LAWS
(b) if it is situated in Scotland, the Court of Session.
(7) Where a direction has been given under sub-paragraph (2), (3) or (4) specifying
a period within which a limited liability partnership is to change its name, the
Secretary of State may at any time before that period ends extend it by a further
direction in writing.
(8) If a limited liability partnership fails to comply with a direction under this
paragraph-
(a) the limited liability partnership, and
(b) any designated member in default, commits an offence.
(9) A person guilty of an offence under sub-paragraph (8) is liable on summary
conviction to a fine not exceeding level 3 on the standard scale.
Notification of change of name
5. - (1) Where a limited liability partnership changes its name it shall deliver notice of the
change to the registrar.
(2) A notice delivered under sub-paragraph (1)-
(a) shall be in a form approved by the registrar, and
(b) shall be signed by a designated member of the limited liability partnership
or authenticated in a manner approved by the registrar.
(3) Where the registrar receives a notice under sub-paragraph (2) he shall (unless
the new name is one by which a limited liability partnership may not be registered)-
(a) enter the new name in the index kept under section 714(1) of the
Companies Act 1985, and
(b) issue a certificate of the change of name.
(4) The change of name has effect from the date on which the certificate is issued.
Effect of change of name
6. A change of name by a limited liability partnership does not-
(a) affect any of its rights or duties,
(b) render defective any legal proceedings by or against it, and any legal
proceedings that might have been commenced or continued against
it by its former name may be commenced or continued against it by
its new name.
COMMERCIAL & INDUSTRIAL LAWS A 335
Improper use of “limited liability partnership” etc.
7. - (1) If any person carries on a business under a name or title which includes as the
last words-
(a) the expression “limited liability partnership” or “partneriaeth
atebolrwydd cyfyngedig”, or
(b) any contractio n or imitation of either of those expressions, that person,
unless a limited liability partnership or oversea limited liability partnership,
commits an offence.
(2) A person guilty of an offence under sub-paragraph (1) is liable on summary
conviction to a fine not exceeding level 3 on the standard scale.
Similarity o.f names
8. In determining for the purposes of this Part whether one name is the same as
another there are to be disregarded-
(1) the definite article as the first word of the name,
(2) any of the following (or their Welsh equivalents or abbreviations of them
or their Welsh equivalents) at the end of the name- “limited liability
partnership”,
“company”,
“and company”,
“company limited”,
“and company limited”,
“limited”,
“unlimited”,
“public limited company”, and
“investment company with variable capital”, and
(3) type and case of letters, accents, spaces between letters and punctuation
marks, and “and” and “&” are to be taken as the same.
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A 336 COMMERCIAL & INDUSTRIAL LAWS
PART II
REGISTERED OFFICES
Situation of registered office
9. - (1) A limited liability partnership shall-
(a) at all times have a registered office situated in England
and Wales or in Wales, or
(b) at all times have a registered office situated in
Scotland, to which communications and notices may
be addressed.
(2) On the incorporation of a limited liability partnership the
situation of its registered office shall be that stated in the
incorporation document.
(3) Where the registered office of a limited liability partnership is situated in
Wales, but the incorporation document does not state that it is to be situated
in Wales (as opposed to England and Wales), the limited liability partnership
may deliver notice to the registrar stating that its registered office is to
be situated in Wales.
(4) A notice delivered under sub-paragraph (3)-
(a) shall be in a form approved by the registrar, and
(b) shall be signed by a designated member of the limited liability partnership
or authenticated in a manner approved by the registrar.
Change of registered office
10. - (1) A limited liability partnership may change its registered office by delivering
notice of the change to the registrar.
(2) A notice delivered under sub-paragraph (1)-
(a) shall be in a form approved by the registrar, and
(b) shall be signed by a designated member of the limited liability partnership
or authenticated in a manner approved by the registrar.

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