367. Scheme of this Part

(1) The requirements of this Part as to accounts and reports apply in relation to each financial year of an LLP.
(2) In certain respects different provisions apply to different kinds of LLP.
(3) The main distinction for this purpose is between LLPs subject to the small LLPs regime (see section 368 (LLPs subject to the small LLPs regime)) and LLPs that are not subject to that regime.
(4) In this Part, where provisions do not apply to all kinds of LLP, provisions applying to LLPs subject to the small LLPs regime appear before the provisions applying to other LLPs.