Limited Liability Partnerships Act 2005 s 17

s 17 Assignment of partner’s interest in distributions

17.—(1) Unless otherwise provided in the limited liability partnership agreement, a partner may assign the whole or any part of the partner’s interest in the limited liability partnership but only to the extent that the assignee becomes entitled to receive distributions from the limited liability partnership that the partner would otherwise have been entitled to receive. (2) An assignment under subsection (1) does not by itself —(a) cause the partner to cease being a partner of the limited liability partnership; and (b) entitle the assignee to interfere in the management of the limited liability partnership.[13