Limited Liability Partnerships were introduced by the Limited Liability Partnerships Act 2000. BIM72110 contains more details on LLPs (LLM10000). Tax rules on LLPs are in ICTA88/118ZA onwards, and in ITTOIA05/S863.

Lloyd's admitted LLPs as members with effect from 7 December 2005. The first LLP members of Lloyd's participated in the 2007 underwriting year.

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