Friday, 17 August 2012

UK: the registration of charges by companies and LLPs - consultation on draft legislation

The Department for Business, Innovation and Skills is seeking final views on draft legislation to reform the current system for the registration of charges by companies and limited liability partnerships: see here. Updated explanatory notes, which also contain several questions for consultation, are available here (pdf). The draft of the Companies Act 2006 (Amendment of Part 25) Regulations 2012 is available here (pdf) and the draft of the Limited Liability Partnerships (Application of Companies Act 2006) (Amendment) Regulations 2012 is available here (pdf).

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