Limited Liability Partnerships Act 2012 · Updated to 1 Aug 2022 · Part V · Conversion to Limited Liability Partnerships
30. Conversion from private company to limited liability partnership
Feedback & supportA private company may convert to a limited liability partnership if and only if—
private company
“private company” has the meaning assigned to it in the *Companies Act 1965;
there is no security interest in its assets subsisting or in force at the time of application; and
the partners of the limited liability partnership to which it is to be converted comprises all the shareholders of the private company and no one else.
In this Part, “convert”, in relation to a private company converting to a limited liability partnership, means a transfer of the properties, interests, rights, privileges, liabilities, obligations and the undertaking of the private company to the limited liability partnership.
limited liability partnership
“limited liability partnership” means a limited liability partnership registered under section 11 or a foreign limited liability partnership registered under section 45;