Consultation outcome

Limited partnerships: reform of limited partnership law

• From: Department for Business, Energy & Industrial Strategy
• Published: 30 April 2018
• Last updated: 10 December 2018 — See all updates

This consultation has concluded

Download the full outcome

Limited partnerships: reform of limited partnership law - government response

PDF, 306 KB, 18 pages

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Detail of outcome

The government response sets out a range of proposals, including:

• the tightening of registration requirements for limited partnerships
• requiring limited partnerships to demonstrate a firmer connection to the UK
• increasing transparency requirements
• enabling the Registrar to strike from the register limited partnerships which are dissolved or which are no longer carrying on business

Detail of feedback received

41 responses received from:

• representative bodies and groups
• individual businesses (such as law firms and fund managers)
• non-governmental organisations
• 1 from academia
• 1 from a private individual

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Original consultation

Summary

We're seeking views on proposals that will deter the misuse of limited partnerships in criminal activity.

This consultation ran from
12:30pm on 30 April 2018 to 11:45pm on 23 July 2018

Consultation description

This consultation sets out a number of proposals aimed at improving the regulatory regime governing limited partnerships and to prevent their misuse.

Documents

Limited partnerships: reform of limited partnership law

PDF, 575 KB, 44 pages

This file may not be suitable for users of assistive technology.

Request an accessible format.

If you use assistive technology (such as a screen reader) and need a version of this document in a more accessible format, please email alt.formats@beis.gov.uk. Please tell us what format you need. It will help us if you say what assistive technology you use.

Published 30 April 2018
Last updated 10 December 2018 + show all updates

1. 10 December 2018

   Government response published.

2. 30 April 2018

   First published.