The Partnerships etc. (Removal of Twenty Member Limit) (Northern Ireland) Order 2003

• Citation: S.I. 2003/2904 (N.I.)
• Sections: 4

Section 1 Title and commencement

(1) This Order may be cited as the Partnerships etc. (Removal of Twenty Member Limit) (Northern Ireland) Order 2003.

(2) The provisions of this Order come into operation on the expiration of two months from the date on which this Order is made.

Section 2 Interpretation

The Interpretation Act (Northern Ireland) 1954 (c. 33) applies to this Order as it applies to an Act of the Assembly.

Section 3 Removal of twenty member limit on partnerships, etc.

(1) In section 4(2) of the Limited Partnerships Act 1907 (c. 24) (constitution of limited partnerships) the words “shall not consist of more than twenty persons, and” shall cease to have effect.

(2) Articles 665 of the Companies (Northern Ireland) Order 1986 (N.I. 6) (prohibition of partnerships etc. with more than 20 members) shall cease to have effect.

Section 4 Repeals

The statutory provisions mentioned in the Schedule are hereby repealed to the extent specified in the second column of that Schedule.