People with significant control: LLP statutory guidance 2026
This draft statutory guidance explains how ‘significant influence or control’ should be interpreted for limited liability partnerships (LLPs).
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This is currently draft guidance. If, after 40 days, neither House has resolved that the guidance should not be approved then it will be issued and published. Until that time the existing people with significant control: LLP statutory guidance remains in force.
This guidance has been prepared by the Department for Business and Trade (DBT) with the help of business, civil society and legal experts.