450. LLPs excluded from small LLPs exemption

Past version: effective from 21/10/2015 - 20/10/2015
To view other versions open the versions tab on the right

An LLP is not entitled to the exemption conferred by section 449 (small LLPs) if it was at any time within the financial year in question —

(a) a public interest entity, or
(b) a financial institution.