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995. Form of LLP records

Past version: effective from 21/10/2015 - 20/10/2015
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(1) LLP records —
(a) may be kept in hard copy or electronic form, and
(b) may be arranged in such manner as the members of the LLP think fit,
provided the information in question is adequately recorded for future reference.
(2) Where the records are kept in electronic form, they must be capable of being reproduced in hard copy form.
(3) If a LLP fails to comply with this section, a contravention of the Companies Regulations is committed by every member of the LLP who is in default.
(4) A person who commits the contravention referred to in subsection (3) is liable to a level 2 fine.