Commonwealth Numbered Regulations Commonwealth Numbered RegulationsFor the purposes of paragraph 830-15(3)(c) of the Act, it is a requirement for a company in relation to an income year, that the company be a limited liability partnership for the purposes of the Limited Liability Partnerships Act 2000 (UK).
Note: This requirement must be satisfied at all times during the income year when the company is in existence (see paragraph 830-15(1)(a) of the Act).