Partnerships review

Restrictions on limited property partnership fund structures are on course to be removed on 31 July. At present no more than 20 partners can invest in a limited partnership but a regulatory reform order in Parliament, due to receive royal assent at the end of July, will eliminate this restriction. The result should ease administration burdens on larger partnerships, particularly those that wish to expand. Following public consultation, the government said it wanted to remove unnecessary regulations, which serve neither business nor the consumer. Equity Partnerships, which helps ...