998. Duty to take precautions against falsification

Past version: effective from 21/10/2015 - 20/10/2015
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(1) Adequate precautions must be taken by LLPs —
(a) to guard against falsification of LLP records, and
(b) to facilitate the discovery of falsification of LLP records.
(2) If a LLP fails to comply with this section, a contravention of the Companies Regulations is committed by every member of the LLP who is in default.
(3) A person who commits the contravention referred to in subsection (2) under this section is liable to a level 2 fine."