
1 
These Regulations may be cited as the Limited Partnerships (Unrestricted Size) No. 2 Regulations 1990, and shall come into force on 21st August 1990.
2 

(1) So much of the Limited Partnerships Act 1907 as provides that a limited partnership shall not consist of more than twenty persons shall not apply to a partnership carrying on business as insurance brokers and consisting of persons each of whom is a registered insurance broker or an enrolled body corporate.
(2) In these Regulations, “registered insurance broker” and “enrolled” have the meanings given in section 29(1) of the Insurance Brokers (Registration) Act 1977.
John Redwood
Parliamentary Under-Secretary of State,
Department of Trade and Industry
30th July 1990