The Limited Liability Partnerships (Amendment etc) Regulations, SI 2021/60, extend (with necessary modifications) temporary insolvency and restructuring measures introduced by the Corporate Insolvency and Governance Act 2020 to limited liability partnerships, with effect from 16 February 2021. The regulations revoke and replace the Limited Liability Partnerships (Amendment etc) Regulations, SI 2020/643, which were flagged as potentially ultra vires by the Joint Committee on Statutory Instruments.
The Limited Liability Partnerships (Amendment etc) Regulations, SI 2021/60, extend (with necessary modifications) temporary insolvency and restructuring measures introduced by the Corporate Insolvency and Governance Act 2020 to limited liability partnerships, with effect from 16 February 2021. The regulations revoke and replace the Limited Liability Partnerships (Amendment etc) Regulations, SI 2020/643, which were flagged as potentially ultra vires by the Joint Committee on Statutory Instruments.
